Tag: SMMT

September LCV registrations down

Thursday 5th October 2017 | 0 Comments

Figures from the SMMT show that the new light commercial vehicle (LCV) market declined in September. 57,368 new LCVs were driven off forecourts, a -4.2 per cent fall compared with the same month last year.

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UK new car registrations – the decline continues

Thursday 5th October 2017 | 0 Comments

The UK new car market declined for a sixth consecutive month in September, with 426,170 new units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Registrations fell by -9.3 per cent in this key month, as economic and political uncertainty, and confusion over air quality plans led to a fall in consumer confidence.

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“Moderate growth” in August van market

Wednesday 13th September 2017 | 0 Comments

“It is positive to see that the new light commercial market grew moderately in August by 1.5 per cent in what is a low volume month in terms of registrations as customers wait for the new registration plate in September”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, commenting on the latest SMMT’s light commercial vehicle registration figures.

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Moderate light commercial growth in August

Wednesday 6th September 2017 | 0 Comments

Following the increase in July, the new van market also grew in August by 1.5 per cent to 15,619 units, SMMT figures reveal. Year to date, the market is now -2.8 per cent down on last year.

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Slower August for UK new car market – registrations drop 6.4 per cent

Slower August for UK new car market – registrations drop 6.4 per cent

Tuesday 5th September 2017 | 0 Comments

The Society of Motor Manufacturers and Traders has reported a fifth consecutive month of decline in the UK new car market. August registrations fell -6.4 per cent, following 2016’s record August. The SMMT remained sanguine about the decline, pointing out that, at 76,433 new cars registered, it is still the third-best August in 10 years. The year-to-date has remained broadly in line with full-year expectations, down 2.4 per cent, with 1,640,241 new cars joining British roads in the first eight months.

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Bill Bailey to speak at SMMT annual dinner

Bill Bailey to speak at SMMT annual dinner

Monday 4th September 2017 | 0 Comments

Bill Bailey has been confirmed as the celebrity guest speaker for the 101st Society of Motor Manufacturers and Traders (SMMT) Annual Dinner, to be held on Tuesday 28 November 2017 at Grosvenor House Hotel, London.

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New models drive rebound in British car manufacturing

New models drive rebound in British car manufacturing

Thursday 24th August 2017 | 0 Comments

British car manufacturing rose 7.8 per cent in July, with 136,397 new units rolling off UK production lines, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Major carmakers ramped up production for new and existing models in the month ahead of summer factory shutdowns, which provide an essential period for plant maintenance, upgrades and re-tooling.

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SMMT responds to government statement on customs arrangements

SMMT responds to government statement on customs arrangements

Tuesday 22nd August 2017 | 0 Comments

The SMMT has issued a statement in response to government’s announcement on future customs arrangements.

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UK bus and coach market eases in Q2 2017

UK bus and coach market eases in Q2 2017

Tuesday 15th August 2017 | 0 Comments

Registrations of new buses and coaches fell -15.3 per cent in the second quarter of 2017, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). A total of 2,105 units were registered in the period, with demand falling for the second time this year following five consecutive quarterly rises in registrations. This decline also follows a particularly strong Q2 2016, when the market grew by 26.9 per cent on the previous year.

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Truck registrations growing strongly

Truck registrations growing strongly

Monday 14th August 2017 | 0 Comments

The latest SMMT registrations data shows that the new HGV (heavy goods vehicle) market in the UK saw strong growth in the second quarter of 2017, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). 11,771 new trucks were registered – a 6.3 per cent rise on the same period last year as manufacturers delivered several large orders to fleets in quarter two.

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Commercial vehicle exports rise in first half of 2017

Commercial vehicle exports rise in first half of 2017

Friday 11th August 2017 | 0 Comments

Exports of British-built vans, trucks and buses rose 11.6 per cent in the first six months of 2017, with almost all headed to the EU, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Nearly two-thirds (63.5 per cent) of commercial vehicles (CVs) built in Britain were exported, with 27,818 of the 43,782 total produced headed to more than 45 countries around the world.

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Slight recovery in June LCV market, but YTD still down

Thursday 6th July 2017 | 0 Comments

Light commercial vehicle registrations rose by 1.8 per cent in June to 37,349 units. Year to date, the market remains lower than last year by -3.7 per cent with a total of 184,926 units registered in the first six months of 2017, according to the latest SMMT figures.

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UK car registrations down, but decline slows

UK car registrations down, but decline slows

Wednesday 5th July 2017 | 0 Comments

Figures released by the Society of Motor Manufacturers and Traders (SMMT) today show that the UK new car market has declined for a third consecutive month. A total of 243,454 new cars were registered in June, and while this figure represents a decline, registrations fell at a slower pace than in the previous two months, by 4.8 per cent, as demand continued to stabilise following a record first quarter and the subsequent market turbulence caused by the recent changes to Vehicle Excise Duty. The SMMT adds that the market is now “more in line” with 2017 forecasts.

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UK’s online automotive retail outstripping cosmetics and groceries

UK’s online automotive retail outstripping cosmetics and groceries

Tuesday 4th July 2017 | 0 Comments

Automechanika Birmingham 2017 represented the perfect opportunity for the UK’s automotive aftermarket to gather as higher technology vehicles continue to push up turnover by 2.4 per cent in 2016. 800 such companies were present at the Birmingham NEC for this year’s show. The aftermarket accounted for £21.6 billion in turnover – a figure boosted by the presence of the more high tech vehicles on Britain’s road in addition to recent record months in new car registrations. Additionally the increasing demand for digital services has helped to boost the online side of the segment, and the Society of Motor Manufacturers and Traders (SMMT), which reported the latest figures, states that more car parts, accessories and services are bought online than cosmetics or groceries. Tyres, alongside lubricants and filters, are the most commonly replaced part, and help account for some of the growth in digital sales, though demand for digital devices, including telematics and tyre pressure sensors, has grown fastest. Overall, the SMMT states that the automotive sector makes a contribution to the UK economy of £12.5 billion.

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UK commercial vehicle production down in May but exports up

UK commercial vehicle production down in May but exports up

Thursday 29th June 2017 | 0 Comments

British commercial vehicle (CV) production output fell in May as an increase in production for export failed to counteract a drop in domestic demand, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). 6,875 vans, trucks, buses and coaches were built in the UK last month, a -11.3 per cent year on year decline.

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