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SMMT reports dip in commercial vehicle output
- 26/07/2024
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders has reported that UK commercial vehicle manufacturing fell 2.9% in the first six months of the year. It found that 56,956 vans, trucks, taxis, buses and coaches were produced in the first six months of the year. Despite the year-on-year decline, including a two per [...] -
SMMT reports fall in output as manufacturers focus on EVs
- 25/07/2024
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders has reported a 7.6% fall in UK car production in the first half of 2024 as manufacturers focus on EVs. It has reported that 416,074 units were produced in the first six months of the year, which is 34,094 fewer than in the same period in 2023. Meanwhile, production [...] -
Porsche scales back on electric vehicle targets
- 24/07/2024
- Posted by: Alan Feldberg
- Category: News
Porsche has become the latest vehicle manufacturer to row back on its electric vehicle plans. It had set a target for 80% of sales to be electric by 2030. However, it has now said that the 80% target will be dependent on customer demand and further developments in EV technology. EV sales have stalled this [...] -
SMMT urges government to support industry’s green success
- 10/07/2024
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders (SMMT) is urging the new government to support the industry drive the country’s green agenda after a new report revealed that emissions from vehicle production has more than halved since 1999. Its 25th SMMT Sustainability Report showed that emissions during [...] -
Industry responds to Labour victory
- 05/07/2024
- Posted by: Alan Feldberg
- Categories: Featured, News
The automotive sector has been responding to the Labour Party’s resounding victory at the UK General Election, and urged it to take a number of immediate steps now it is in government. These include tackling the pothole crisis, reducing the cost of fuel at the pumps, the ongoing skills crisis, and moving to [...] -
LCV sales fall for the first time in 17 months
- 05/07/2024
- Posted by: Alan Feldberg
- Category: News
The UK new light commercial vehicle (LCV) market fell for the first time in June after 17 successive months of growth. The Society of Motor Manufacturers and Traders reported that LCV sales fell 4.5% to 33,066 units in June, but the market remained robust in the first half of the year – up by 4.5% with 177,620 [...] -
New car sales hit one million milestone
- 04/07/2024
- Posted by: Alan Feldberg
- Category: News
More than a million new cars were sold in the UK in the first six months of the year for the first time in five years. According to the Society of Motor Manufacturers and Traders (SMMT), new car registrations rose in June by 1.1% to reach 179,263 units, meaning that so far this year 1,006,763 new cars have been [...] -
CV production plummets nearly 60% in May
- 28/06/2024
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle manufacturing fell for the third consecutive month in May, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). It found that production plummeted by 59.3%, largely as a result of temporary supply chain challenges. In total, 4,400 vans, trucks, taxis, [...] -
UK car production dips in May
- 27/06/2024
- Posted by: Alan Feldberg
- Category: News
UK car manufacturing fell by 11.9% to 69,652 units in May, according to the Society of Motor Manufacturers and Traders (SMMT). Production for the UK market rose by 9.7% to 17,754 units but production for export fell by -17.4% to 51,898 units. However, almost three quarters (74.5%) of all cars built in Britain were [...] -
SMMT calls on government to unlock £50bn potential
- 26/06/2024
- Posted by: Alan Feldberg
- Categories: Featured, News
The Society of Motor Manufacturers and Traders (SMMT) is urging the next government to support that automotive industry deliver growth worth £50bn over the next decade. New research published in its Vision 2035: Ready to Grow report shows that targeted policies could drive the value of the new car market from [...]