Tag Archives: SMMT

The car industry has called for a “redoubling of efforts” to improve charging infrastructure and enhance UK competitiveness. SMMT president and chairman Dr George Gillespie OBE, said at the SMMT annual dinner that billions of pounds had been pumped into manufacturing EVs but the charging infrastructure was lagging well behind. “We have invested billions in designing some of the most ...

The Society of Motor Manufacturers and Traders (SMMT) has appointed Alison Jones as its first female president. Jones is senior vice president and Stellantis country manager UK for Peugeot, Citroën, DS Automobiles, Fiat, Fiat Professional, Abarth, Jeep and Alfa Romeo. Previously SMMT vice president, replaces Dr. George Gillespie OBE, Chairman, HORIBA MIRA, thereby becoming SMMT’s first female President. Alison Jones ...

The automotive industry has committed to a new set of guiding principles for marketing automated vehicles. Published today by The Society of Motor Manufacturers and Traders (SMMT), and developed and agreed by the Centre for Connected and Autonomous Vehicles’ AV-DRiVE Group, the principles provide an outline for responsible advertising and communication relating to automated vehicles and their capabilities. The guiding ...

The UK used car market fell -6.2% in the third quarter of 2021 with 2,034,342 vehicles changing hands, the weakest Q3 for six years. A total of134,257 fewer cars were sold compared to Q3 2020 when the re-opening of showrooms and easing of lockdown measures saw the market bounce back strongly. The decline in transactions accelerated through the quarter July, ...

The SMMT has downgraded its outlook for LCV sales by over 20,000 or 6% to 340,000 units registered in 2021. It said the downgrade was a result of the ongoing challenges facing LEV dealers, including the shortage of semi-conductors, which is restricting supplies of vehicles. While the forecast remains higher than 2020, which was badly hit by the pandemic with ...

  New car registrations fell for the fourth consecutive month in October with a decline of -24.6% to 106,265 units compared to October last year. The monthly performance was the weakest since October 1991. Demand from large fleets fell by 40.4%. Private demand fell by a more modest -3.3%, although this apparent small decline is compared against weak consumer uptake ...

The SMMT delivered pre-tax losses of £934,000 in 2020 compared to £3.3m the year before on turnover down 12.8% to £16.9m. In accounts submitted to Companies House, it highlighted the challenges facing the sector in 2020, with car sales down 29% to 1.63m, UK vehicle manufacturing down 29% to 921,000 units, the Brexit impact and the new Government targets to ...

UK car production fell -41.5% in September, the third consecutive month of decline, with 67,169 cars manufactured. This was the worst performing September since 1982, according to the Society of Motor Manufacturers and Traders (SMMT). Output continues to be hampered by the production stoppages caused by the ongoing global shortage of semiconductors as well as the loss of production capacity ...

The SMMT has published a new report today confirming vehicles as the UK’s single most valuable goods trade export. In turn it has has called on government to put the automotive sector at the heart of future trade negotiations. Vehicle export revenues reached £27bln in 2020, making them more valuable to the UK than power-generating machinery and gold, even during ...

Sales of vans are now at their lowest level since the financial crisis in 2009. The September light commercial vehicle (LCV) market in September declined by –39.5% with 31,535 vans registered, according to the latest figures from the SMMT> The impact of the semiconductor shortage is now becoming more severe, with CV production lines both in the UK and overseas ...