Tag Archives: SMMT

The UK’s used car market increased in Q3 after nine straight quarters of decline. According to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT), the market grew 0.9% and 2,076,382 transactions took place between July and September, 18,925 more than the same period in 2018. The stronger Q3 performance wasn’t quite enough to offset ...

UK new light commercial vehicle registrations fell -11.0% in October, the second consecutive monthly decline. The SMMT, which released the figures, said uncertainty and regulatory changes continued to affect the market. Despite the negative performance, year-to-date van registrations were up 3.1% with 311,989 new vehicles joining UK roads so far in 2019. Mike Hawes, SMMT chief executive, said, “A second ...

New car registrations fell -6.7% in October with 10,348 fewer cars registered than in October last year. The decline was driven by falling demand from private consumers, with registrations down -13.2%. Business demand also fell, while fleet registrations remained stable at +0.3%. Registrations of diesel cars fell for the 31st month, down -28.3%, while petrols also declined, by -3.2%. Electrified ...

UK car production -3.8% in September with 122,256 units built in the month, almost 5,000 fewer than September last year. Year-to-date production is down -15.6%, marking the weakest first three quarters since 2011. In September 2019, production for the UK declined -5.1% as political and economic uncertainty combined to dampen the domestic market. Exports fell -3.4% as cooling demand in ...

UK car manufacturing rose 3.3% last month, with 92,158 units produced. Figures from Society of Motor Manufacturers and Traders (SMMT) show that this was the first increase in 15 months. This, the SMMT said, is due mainly to the fact that several key plants that had brought forward planned summer shutdowns to April to guard against the disruption of the ...

New car registrations in August fell by -1.6% in what is typically one of the smallest months of the year ahead of the crucial plate-change in September, which accounts for a fifth of annual sales. Falling demand for diesel and plug-in hybrid vehicles continued to impact the overall market, according to figures released by the SMMT. Registrations in the private ...

The September issue of Motor Trader is now online. This month we look at how Lookers is reviewing the way it sells finance in a £10m overhaul of systems and processes. We interview H.R. Owen CEO Ken Choo who has overseen a raft of changes at the top-end dealer group since taking on the top job in January 2017. This ...

The Society of Motor Manufacturers and Traders (SMMT) has signed a Memorandum of Understanding with its Korean counterpart, the Korea Automobile Manufacturers Association (KAMA). The new commitment will help foster greater collaboration between UK and Korea in developing connected and autonomous vehicles (CAVs) and low and zero emission technology. It will also help cooperation between the two sectors in terms ...

New car registrations In August fell by -1.6% in what is typically one of the smallest months of the year. Falling demand for diesel and plug-in hybrid vehicles continued to impact the overall market, according to figures released today by the SMMT. Registrations in the private and fleet sectors declined -1.7% and -3.5% respectively while registrations to businesses with under ...

The UK used car market fell by -2.8% in the second quarter of the year with 2,034,236 transactions recorded. Used car sales have fallen in every month this year apart from March, according to figures from the SMMT. In the second quarter, the decline was driven by the North West, Scotland and the South East while all other regions experienced ...