Tag: SMMT

Tyre manufacturers ready for CV Show between 2016 growth and 2017 flux

Friday 10th March 2017 | 0 Comments

April 2017’s CV Show looks set to mark an important event in the tyre business year, with a strong showing for the industry reflecting both the resilience shown in the UK commercial vehicle sector in 2016 and the potential opportunities offered by the coming period of political change. SMMT registration figures reveal that 2016 was a better year than might have been expected in the haulage and people transportation segments.

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Automechanika Birmingham 2017 part of UK automotive’s reshoring efforts

Automechanika Birmingham 2017 part of UK automotive’s reshoring efforts

Thursday 9th March 2017 | 0 Comments

Not only is Automechanika Birmingham 2017 set to be 70 per cent bigger than last year's inaugural show, this year's event seeks to connect the aftermarket with industry and government to support inward investment. Speaking at a press conference in central London on 9 March, Automechanika Birmingham event director Simon Albert and SMMT chief executive shared how they will bring the UK automotive industry together as part of efforts to “boost supply chain reshoring and make British cars more British” while at the same connecting the manufacturing and aftermarket sectors with each other. UK vehicle manufacturing output has continued to grow over recent

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February LCV market fall was “not unexpected” says SMMT

Tuesday 7th March 2017 | 0 Comments

The new light commercial vehicle market declined in February, falling -4.3 per cent to 13,291 registrations, according to SMMT. The downturn follows an exceptionally strong performance in 2016, when the sector recorded an eight-year high in registrations.

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Record sales of AFVs in February as overall market dips slightly

Monday 6th March 2017 | 0 Comments

The UK new car market remained steady in February, dipping just -0.3 per cent, according to figures released by SMMT. 83,115 vehicles were registered in traditionally one of the quietest months of the year ahead of the number plate change in March. Fleets drove the market, with 45,699 cars registered, up 3.3 per cent, while private demand fell -4.4 per cent to 36,018 units and business registrations declined -5.3 per cent to 1,398.

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UK truck market enjoys further growth in 2016

Tuesday 14th February 2017 | 0 Comments

Registrations of new heavy goods vehicles (HGVs) rose 5.3 per cent to 46,231 units in 2016, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). This is the sector’s third consecutive year of growth. The year ended on a positive note, with 13,555 new HGVs registered in the fourth quarter – a 2.3 per cent improvement on the same period in 2015.

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Small growth in January van registrations

Small growth in January van registrations

Tuesday 7th February 2017 | 0 Comments

The new van market got off to a positive start in 2017, with January seeing a small 1.2 per cent growth in registrations, according to data released by the Society of Motor Manufacturers and Traders. Heavy vans weighing between 2.5 and 3.5t, which make up the bulk of the market, rose 5.6 per cent in January. Meanwhile, pickups’ popularity continued to grow following a successful 2016, with registrations increasing 28.9 per cent.

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Record January new car registrations

Record January new car registrations

Monday 6th February 2017 | 0 Comments

The UK new car market got 2017 the year off to a good start and achieved record levels of registration again January. According to the latest SMMT figures, 174,564 new cars were registered on British roads in January – rising 2.9 per cent to the highest level since 2005.

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Automotive industry responds to PM’s Brexit speech

Tuesday 17th January 2017 | 0 Comments

Not long after Theresa May gave her headline Brexit speech, various automotive industry representatives spoke out about their perspective on the ongoing issue:

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2016 car sales peak at 2.7 million units

2016 car sales peak at 2.7 million units

Thursday 5th January 2017 | 0 Comments

The UK new car market achieved another record year in 2016, with annual registrations climbing for the fifth year in a row to almost 2.7 million, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). The market has experienced uplifts in 10 out of the last 12 months, albeit finishing with a December down slightly by -1.1 per cent – with 178,022 new cars registered in the month. However, the SMMT also gave a negative prediction for growth in 2017.

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Ministers meet with SMMT to discuss Brexit

Ministers meet with SMMT to discuss Brexit

Tuesday 13th December 2016 | 0 Comments

David Davis, Secretary of State for Exiting the European Union as well as DFT and BEIS ministers joined a roundtable with SMMT and automotive leaders regarding Brexit and the automotive industry. The event took place on 12 December at SMMT’s headquarters in London and was also attended by John Hayes, Minster of State, Department for Transport and Nick Hurd, Minister of State, Department for Business, Energy and Industrial Strategy.

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November a record month for UK van sales

Tuesday 6th December 2016 | 0 Comments

The UK’s new light commercial vehicle (LCV) market achieved a record-breaking performance in November, according to SMMT figures. 29,784 new vans hit the roads last month – the most for two decades.

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November figures ‘a significant milestone’ says Close Brothers Motor Finance

Tuesday 6th December 2016 | 0 Comments

Commenting on the SMMT figures for November Chris Bosworth, director of strategy at Close Brothers Motor Finance, said: “[The] new registration figures from the SMMT indicates that the automotive sector is poised to end 2016 with record sales, with transactions for the year surpassing 2.5 million for the first time. This is a significant milestone, and proof that the sector has remained buoyant despite the uncertainty created by the vote for Brexit.

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November new car sales up 2.9 per cent

Tuesday 6th December 2016 | 0 Comments

184,101 new cars were registered in the UK this November, with the market increasing by a steady 2.9 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders. The growth has helped deliver more than 2.5 million new cars on to British roads so far this year – the first time the milestone has been reached in November.

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Demand for HGVs falls in Q3

Thursday 17th November 2016 | 0 Comments

Figures released by the SMMT show that the new heavy goods vehicle (HGV) market declined -3.6 per cent in the third quarter of 2016, with 11,242 units registered. The fall in demand follows five consecutive quarters of growth, and year-to-date the market remains strong, with registrations up 6.6 per cent against the same period in 2016.

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‘Modest growth’ in October car registrations

Thursday 17th November 2016 | 0 Comments

The UK new car market experienced modest growth in October following a bumper plate-change month in September, according to figures published by the Society of Motor Manufacturers and Traders. 180,168 cars were driven off the UK’s forecourts last month as registrations grew 1.4 per cent.

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