The UK new car market fell -1.0% to 84,054 units in February, the fifth consecutive month of decline. There was a 4% reduction in fleet registrations, which have driven previous market growth. Private registrations rose by 4.6% to slightly increase overall market share to 35.6%, while the smaller business sector rose by 3.3%, according to figures from the Society of ...
Read More »Motor sector in talks with Ministers to ‘adjust’ ZEV Mandate
The motor sector met with Ministers to discuss the ZEV Mandate which it believes is being pushed too fast while having a negative impact on the market. The Mandate means that at least 22% of new cars and 10% of new vans sold in 2024 must be electric and the percentage for cars takes a further hike in 2025 to ...
Read More »UK car production falls in August as plants switch to making EVs
UK car production fell by -8.4% to 41,271 units in August as factories wind down production of key models and retool for new – primarily electric – model production. Year to date, UK car production is down -8.5% at 522,823 units and output for the UK market is up 12.3%. Electrified (battery electric, plug-in hybrid and hybrid) production for the ...
Read More »SMMT CEO Mike Hawes awarded OBE in King’s Birthday Honours List
Mike Hawes, chief executive of the Society of Motor Manufacturers and Traders (SMMT), has been awarded an Officer of the Order of the British Empire (OBE) for services to the automotive industry in the King’s Birthday Honours List. Hawes joined SMMT as chief executive in 2013, years in the automotive sector both in the UK and overseas. Over more than ...
Read More »Van sales in April hit three-year high
Registrations of UK light commercial vehicles rose 5.4% in April, the best performance for the month since 2021. Deliveries of zero emission LCVs declined last month, with new battery electric van (BEV) uptake falling to 861 units, down -42.4% compared with last year’s uptick in demand. It means BEVs accounted for 3.6% of all new LCV registrations compared with 6.6% ...
Read More »SMMT boss calls for greater clarity on EVs and ICE phase-out
Mike Hawes, CEO of the Society of Motor Manufacturers & Traders said the government must provide greater clarity on the time table for the phase-out of diesel and petrol cars by 2030-2035. Hawes told the House of Lords inquiry into EVs yesterday in the opening session: “The first thing the government can do is provide the clarity. We desperately need ...
Read More »March plate-change sees 41% surge in fleet registrations
The March-plate-change saw a 41% increase in sales to big fleets renewing their vehicle stock after months of delay due to supply restrictions. Overall, UK new car registrations in March bounced back by 18.2% to 287,824 vehicles, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). March marked the eighth consecutive month of growth for ...
Read More »UK car production ‘on road to recovery’ following strong February
UK car production rose 13.1% in February, up to 69,707 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Production for home and overseas markets rose 20.3% and 11.5% respectively, with exports driving the overall uplift. The UK’s automotive industrial transition to hybrid, plug-in hybrid and battery electric vehicles continued, with combined ...
Read More »New car registrations up 4.6% in September plate-change
New car registrations rose 4.6% in September, the second successive month of growth, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The September plate-change is typically the second biggest month of the year. The increase is set against September last year, which was the weakest September since 1998. According to the SMMT overall registrations for the ...
Read More »New car sales 1.2% rise in August end five months of decline
New car registrations rose 1.2% in August to 68,858 units ending five successive months of decline in 2022. August is a quiet month for registrations ahead of the plate-change in September. The SMMT highlighted that August volumes were still the weakest for the month, bar 2021, since 2013 as supply chain pressures continued to constrain the market. Large fleet registrations ...
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