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SMMT secures IIP Gold award
- 10/04/2024
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders (SMMT) has been recognised as one of Britain’s best places to work. It achieved Gold accreditation from Investors in People (IIP), the international benchmark for workplace standards and people management. After securing Bronze and Silver awards in 2015 and 2022, [...] -
LCVs march to best quarter
- 05/04/2024
- Posted by: Alan Feldberg
- Category: News
March was a bumper month for light commercial vehicle sales in the UK with new registrations spiking by 11.1% to 52,916 vehicles. According to the Society of Motor Manufacturers and Traders, the strong sales last month saw the sector enjoy its best quarter for three years with volumes now just 7.7% down on the [...] -
New car sales rise for 20th straight month
- 04/04/2024
- Posted by: Alan Feldberg
- Category: News
The UK new car market grew for the 20th consecutive month in March, with registrations up 10.4%. According to the Society of Motor Manufacturers and Traders, 317,786 new cars were sold during the month making it the best March performance since 2019 – but still 30.6% down on pre-pandemic levels. Growth was [...] -
Exports drive growth in CV production
- 02/04/2024
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production almost doubled in February to 12,927 units, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The 98.4% uplift in volume was the best February performance since 2008 and follows a particularly weak February last year as supply chain issues [...] -
Car production enjoys six straight months of growth
- 28/03/2024
- Posted by: Alan Feldberg
- Categories: Featured, News
UK car production was up 14.6% in February to 79,907 units. According to the latest figures from the Society of Motor Manufacturers and Traders (SMMT), it marked the sixth consecutive month of growth and best February performance since 2021. Production for the domestic market grew 58% to 20,658 units while exports [...] -
SMMT calls for AV Bill backing
- 15/03/2024
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders is urging parliament to back the Automated Vehicles (AV) Bill and enshrine it into law. It believes autonomous driving can save 3,200 lives and prevent 53,000 serious accidents between now and 2040, while delivering a £38bn boost to the UK economy. However, it [...] -
Automotive industry labels Budget a ‘missed opportunity’
- 07/03/2024
- Posted by: Alan Feldberg
- Category: News
The automotive industry has offered a tepid response to the Spring Budget, announced by Chancellor Jeremy Hunt yesterday. The industry had been calling for greater support for apprentices as well as consumer incentives to boost electric vehicle uptake, neither of which were forthcoming, although it was announced [...] -
LCV demand hits highest mark since 1998
- 07/03/2024
- Posted by: Alan Feldberg
- Category: News
Demand for new light commercial vehicles grew by 2.2% last month to 17,934 units, completing 14 months of consecutive growth making it the best performing February since 1998. Registrations of vans weighing greater than 2.5 to 3.5 tonnes rose by 1.4% to 12,300 units, while deliveries of small vans weighing up to [...] -
New car sales hit 20-year high
- 06/03/2024
- Posted by: Alan Feldberg
- Category: News
New car registrations rose 14% last month to make it the best February performance for 20 years, according to the Society of Motor Manufacturers and Traders. It reported sales of 84,886 units to complete 19 months of consecutive growth. The uptick was driven by fleets and businesses, which were up 25.2% and [...] -
CV production hits highest level in 16 years
- 01/03/2024
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production grew by 26.9% in the first month of the year to 11,756 units, according to the Society of Motor Manufacturers and Traders (SMMT). This marked the strongest January in 16 years, and 28% above the pre-pandemic levels recorded in 2019. Looking ahead, the SMMT expects CV [...]