Buyer demand falls as inflation rises
Demand for new and used vehicles fell again in June, marking the fourth consecutive month of declines, according to new data from lead management experts at iTrackLEADS. It found that […]
SMMT
Car registrations hit the skids in June
Figures from the Society of Motor Manufacturers and Traders (SMMT) found that UK new car registrations fell 24.3% in June to just 140,958 units. That makes it the weakest June […]
LCV registrations still on the slide
The UK new light commercial vehicle (LCV) market declined for the sixth consecutive month in June, falling 23% to 26,443 units. That continues the trend throughout 2022, with LCV registrations down […]
Engine production stutters back into growth
UK engine output rose in May for the first time in nearly a year. According to the Society of Motor Manufacturers and Traders, engine production rose 12.3%, marking the first […]
CV production hits decade-long high
UK commercial vehicle (CV) production grew 26.5% in the fifth month of 2022, with 7,900 new vans, buses, trucks, coaches and taxis leaving British factories. According to the Society of Motor […]
Car production picks up in May
UK car production grew for the first time since June 2021 in May, up 13.3%. According to figures released by the Society of Motor Manufacturers and Traders, 62,284 units were produced in the month. However, output remains 46.3% below […]
CV sales dive by a quarter
UK light commercial vehicle (LCV) registrations recorded their fifth consecutive month of decline in May, falling 25.1% to 22,000 units. This is according to the latest figures from the Society […]
Car sales stutter amidst supply shortages
New UK car registrations fell 20.6% to 124,394 units in the second weakest May since 1992 as supply shortages continue to hamper new purchases and the fulfilment of existing orders. […]
CV levels hit record high
The number of commercial vehicles on Britain’s roads has reached the highest level in history, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). […]
UK car parc tops 40 million
The number of vehicles in the UK grew 0.4% to 40,506,971 in 2021, according to new data released by the Society of Motor Manufacturers and Traders (SMMT). However, despite the […]
LCV values remain healthy
LCV values remained above £10,000 for the fifth consecutive month in April, according to BCA. It reported that average values were £10,005 in April, down by just £128 (1.3%) compared […]
Revival of CV production still strong
UK commercial vehicle (CV) production rose by 27.6% in April, the fourth consecutive month of growth for the sector. The Society of Motor Manufacturers and Traders (SMMT) reported that 7,879 working […]