Used car prices still rising
The strong start to 2023 in the used car sector continued in February as average values rose for the second month running. Values averaged £8,540 at BCA, up by £140 […]
SMMT
LCV market hits 25-year high
The UK new light commercial vehicle (LCV) market enjoyed its best February performance since 1998. According to the Society of Motor Manufacturers and Traders (SMMT), LCV sales grew by 8.5% […]
New car market approaching pre-Covid levels
UK new car registrations grew by 26.2% in February as 74,441 new cars joined Britain’s roads. According to the Society of Motor Manufacturers and Traders (SMMT), this marked the seventh […]
CV production hits highest mark since 2012
UK commercial vehicle (CV) production grew 35.6% in the first month of 2023 to 9,299 units. According to the Society of Motor Manufacturers and Traders (SMMT), January’s strong output marks the best start to a year since 2012, when 9,844 units were […]
Manufacturing figures electrified by EV charge
UK car production was stable in the first month of 2023, with output down just 0.3% to 68,575 units. The Society of Motor Manufacturers and Traders (SMMT) attributed the loss, […]
EVs rise in falling market
More used electric vehicles were sold last year than ever before, but they still made up just 4.1% of the overall market. According to the Society of Motor Manufacturers and […]
Fernihough named SMMT Industry Forum CEO
The Society of Motor Manufacturers and Traders (SMMT) has appointed Ashley Fernihough as the new chief executive officer of its Industry Forum. Taking over from Richard Sadler, Fernihough has amassed […]
LCV registrations return to growth
UK new light commercial vehicle (LCV) registrations grew to 22,098 units in January, a year-on-year increase of 25.8%. This is according to the latest figures published by the Society of […]
EVs drive new car market growth
The UK new car market grew for the sixth month in a row in January, with 131,994 units representing the best start to the year since Covid-19 struck. According to […]
Car production sinks to 60-year low
UK car production fell 9.8% in 2022 to 775,014 units, according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT). This represents the lowest total […]
CV production surges during 2022
UK commercial vehicle (CV) production grew 39.3% in 2022, with 101,600 units leaving factory lines over the 12 months. Output fell 23.6% in December, according to the Society of Motor […]
Meet the Buyer confirmed for Automechanika Birmingham
The Society of Motor Manufacturers and Traders’ (SMMT) has announced that its Meet the Buyer event will return to Automechanika Birmingham 2023 in June. It forms part of an all-new […]
