UK car production surged 31.6% in July, marking the sixth consecutive month of growth. A total of 76,451 units rolled off factory lines as carmakers recovered from micro-chip shortages, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It pointed however that output remained -29.4% lower than pre-pandemic July 2019.1 Manufacturing output for the UK ...
Read More »Used EV sales up 81.8% in Q2 as overall market continues growth
The UKβs used car market rose by 4.1% during the second quarter of the year, with 1,832,267 units changing hands. According to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT), the increase equates to an additional 72,583 transactions compared with the same period in 2022. It said that the easing of supply chain disruptions has ...
Read More »New van registrations up 44% in July as demand soars
New van registrations rose for the seventh consecutive month in July, up 44.2% year on year to 26,990 units, according to the Society of Motor Manufacturers and Traders (SMMT). In the best July since 2020, registrations were also up 4.4% compared with pre-pandemic 2019 volumes, a result of rising demand for new vans, pickups and 4x4s and the easing of ...
Read More »SMMT upgrades new car sales forecast for 2023 as fleet booms
The SMMT has upgraded its forecast for full year sales and now expects a rise of 0.9% to 1.847 million compared to its April forecast. βThe latest market outlook now anticipates overall new car registrations to reach 1.847 million by the end of the year, a 0.9% rise on expectations in April. βOf these, BEVs are expected to take a ...
Read More »New car market surges 28% in July, fleet sales rocket 62%
The new car market surged 28.3% in July with 143,921 new vehicles registered, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). It was the best July performance since 2020, when pent-up demand for new cars was unleashed following three months of lockdown during the pandemic. Registrations by large fleets rocketed 61.9% to 80,961 units ...
Read More »UK CV production up 16% in H1 with growth “set to continue”
UK commercial vehicle (CV) manufacturing grew 16.0% in the first six months of the year as 58,675 units rolled off factory lines. June marking the third consecutive month of growth, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). It reported that 11,748 units were produced in June, up 23.0%, marking the best ...
Read More »UK car production posts best H1 since 2021
UK car production rose 11.7% in the H1 to 450,168 units. June was up 16.2% making it the fifth consecutive month of growth, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). The performance represented the best first half since 2021. Since January, factories have produced an additional 47,037 units, the uplift having been ...
Read More »Tata announces plans for “global battery cell gigafactory” in the UK
Tata Sons has announced plans to establish a global battery cell gigafactory in the UK with a capacity to produce 40GWh of cells annually. Tata Sons is the largest shareholder of Tata Motors, which owns Jaguar Land Rover. An investment of over Β£4bln will be made to the JLR Bridgwater, Somerset site to host the plant. N Chandrasekaran, chairman, Tata ...
Read More »UK automotive production reduces carbon footprint to lowest on record
UK automotive manufacturers have reduced the carbon footprint of production to its lowest level on record. the SMMT has reported that the industry reduced emissions per vehicle made last year by -2.8%, while at the same time producing a record-high proportion of electrified vehicles (EVs). Electric vehicles require more energy to produce, but manufacturers have been able to advance the ...
Read More »LCV market continues growth but BEV drop off is “concerning”
The UK new light commercial vehicle (LCV) market has grown for the sixth consecutive month by 31.0% to 34,630 units in the best June since 2019. According to the latest figures published by the SMMT, 169,926 new vans, pickups and 4x4s were registered in the first half of 2023, up 17.7% compared with the same period last year, as once ...
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