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EV charge can’t offset production slump
- 28/10/2021
- Posted by: Alan Feldberg
- Category: News
UK car production fell for the third consecutive month in September, dropping 41.5% with 67,169 cars manufactured. This makes it the worst performing September since 1982, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Output continues to be hampered by the [...] -
SMMT calls for ‘fundamental change’ in business rates
- 28/10/2021
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers has applauded the government’s decision to cut business rates in yesterday’s Autumn Budget, but says it can and must go even further to help the sector get back on its feet after the pandemic. Mike Hawes, SMMT chief executive, said: “The effects of the pandemic continue to [...] -
SMMT commits £100k to apprentice fund
- 19/10/2021
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders (SMMT) has earmarked £100,000 to support businesses employing apprentices. The SMMT’s Charitable Trust Fund has re-launched the SMMT Apprentice Support Programme, which comes after the conclusion of the government-funded furlough scheme. The Programme will set [...] -
Vehicles identified as UK’s number one export
- 13/10/2021
- Posted by: Alan Feldberg
- Category: News
The Society of Motor Manufacturers and Traders (SMMT) has published a new report that confirms vehicles are the UK’s single-most valuable trade export. Vehicle export revenues reached £27bn in 2020, making them more valuable to the UK than power-generating machinery and gold, even during a year when the global [...] -
LCV market endures worst September since recession
- 06/10/2021
- Posted by: Alan Feldberg
- Category: News
The light commercial vehicle market collapsed by 39.5% in September, with just 31,535 vans registered. According to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT), the sector was 41.8% down on the pre-pandemic five-year September average, partly as result of the continued [...] -
Supply issues stall car sales
- 05/10/2021
- Posted by: Alan Feldberg
- Category: News
The UK new car market has recorded its weakest September since 1998 - despite a record performance for battery electric vehicles. The Society of Motor Manufacturers and Traders (SMMT) has reported that 215,312 cars were registered in the month, a 34.4% fall on September 2020 and down 44.7% on the pre-pandemic [...] -
Engine production down a quarter
- 01/10/2021
- Posted by: Alan Feldberg
- Category: News
Engine production fell 23.6% in August, with 81,266 engines produced in the UK. According to figures published by the Society of Motor Manufacturers and Traders, demand from both domestic and export markets falls by 27% and 21.8% respectively. Year-to-date engine manufacturing increases by 3.9% to 1,140,058 [...] -
Fleets leading sustainability shift
- 20/09/2021
- Posted by: Alan Feldberg
- Category: News
The 22nd Sustainability Report has found that fleet average carbon emissions reduced by a record-breaking 11.8% in a single year. The report found that the past two decades have seen the UK automotive sector maintain its position as one of the country’s most important economic assets. Turnover is up 25.7% since [...] -
Engine production misfires in July
- 31/08/2021
- Posted by: Alan Feldberg
- Category: News
Automotive engine production in the UK fell more than a quarter in July. According to figures from the Society of Motor Manufacturers and Traders, engine production declined 27.5% in the month, with just 127,922 units made. Year-to-date engine manufacturing has increased by 6.8% to 1,058,792 units but it remains [...] -
CV production enjoys July uptick
- 27/08/2021
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production grew to 5,625 units in July according to the Society of Motor Manufacturers and Traders (SMMT). Production increased for the fifth consecutive month, growing by 7.5% compared to the same month in 2020 when production lines were running at a reduced capacity due to social [...]