Home » Tag Archives: SMMT (page 2)

Tag Archives: SMMT

Industry forecasts on key trends for the year ahead

  ZEV Mandate, inflation and supply chain pressures look likely to dominate the agenda for dealers in the year ahead. Ian Plummer, Auto Trader Commercial Director commented that new car sales still sit “significantly behind” pre-COVID levels. “Even though electric car sales accounted for around a fifth of the total 2024 sales- not far off the government target – hitting ...

Read More »

New car sales in 2024: Winners & Losers

The new car market in 2024 revealed winners and losers among carmakers as they battled for sales in a market skewed by the ZEV Mandate. Car makers that found the going tough include Ford, which fell -23.7% for the year followed by Stellantis owned Vauxhall which was down -21-4% for the period, followed by Porsche (-17.5%), Fiat (-14.1%) and Suzuki ...

Read More »

New car sales in 2024 hit by ‘lacklustre’ demand in private sector.

Registrations by private buyers in 2024 fell by -8.7% to 746,276 units. The lack of demand in the private sector is reflected in electric vehicle sales. The Society of Motor Manufacturers and Traders (SMMT), which released the figures said one of the major constraints to growth was the “lacklustre demand by private buyers”, with only one in 10 choosing an ...

Read More »

Dealers welcome consultation on ZEV Mandate

Car retailers and the motor sector have welcomed the government’s decision to launch a consultation on the ZEV Mandate. The Mandate has come under attack for the past 12 months for failing to support the manufacture and sales of electric vehicles. The consultation will look at the phasing out sales of new petrol and diesel cars from 2030 and and ...

Read More »

Second best-ever November for vans, says SMMT

The new light commercial vehicle (LCV) market recorded its fourth consecutive month of growth as registrations rose by 10.5% in November, according to the Society of Motor Manufacturers and Traders (SMMT). It was the second biggest November recorded in the history of the LCV market, with 30,300 new vans, pick-ups and 4x4s registered. Mike Hawes, SMMT Chief Executive, said: “The ...

Read More »

New car market declines while EV uptake increases in November

Deliveries of new cars fell by -1.9% in the UK during November with 153,610 joining the road, according to the Society of Motor Manufacturers and Traders (SMMT). This is the second consecutive monthly decline and the third decline in four months. Mike Hawes, SMMT Chief Executive, said: “Manufacturers are investing at unprecedented levels to bring new zero emission models to ...

Read More »

UK car manufacturing faces ‘acute’ slowdown says SMMT

UK car manufacturing output fell -15.3% to 77,484 units in October, the eighth consecutive month of decline. The decline was caused by plants continuing their retooling to enable production of the next generation of zero emission vehicles. A total of 24,719 battery electric, plug-in hybrid and hybrid electric cars were made, representing almost a third (31.9%) of output, despite a ...

Read More »