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Peak petrol – has UK hit auto landmark unnoticed?

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Volkswagen

Following the SMMT’s June round of car registrations figures, analyst Deloitte wonders if there is cause to think a UK automotive landmark has passed. While much of the focus has been on the historic depths the country’s car sales have hit, the proportional demand for hybrid and electric vehicles has continued to rise at pace. Michael Woodward, UK automotive lead, Deloitte, said: “The automotive industry is taking positive steps towards recovery from the impact of COVID-19. Socially-distanced showrooms have been reopened in England for a full month, and factory production is ramping up again, in some cases faster than expected.

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  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Decline in car sales continues in October
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  4. Fall in new car market a ‘wake up call’ to policy makers
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Cautious optimism on car sales from NFDA

Commenting on the SMMT car registration figures, Sue Robinson, director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, said: “Pent-up demand helped sales during the first weeks, but the market will need to be monitored closely to support the sector over the coming months”

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  1. Record sales of AFVs in February as overall market dips slightly
  2. Slight fall in August new car sales, but strong showing for electric cars
  3. Best January for new car sales for eight years
  4. Decline in car sales continues in October
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Van market shrinks -24.8 per cent in June – SMMT

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SMMT

UK new car registrations fell -34.9 per cent in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0 per cent wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month.

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  1. June LCV sales down nearly six per cent
  2. July new van market ‘steady’ says SMMT
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  4. UK car manufacturing down -99.7% in April
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UK new car market down a third as tentative restart reveals subdued demand

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SMMT

UK new car registrations fell -34.9 per cent in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0 per cent wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month.

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  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. February marks two years of growth in UK car sales
  3. 30th consecutive month of growth in UK car registrations – SMMT
  4. Record sales of AFVs in February as overall market dips slightly
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Britishvolt appoints Charles Morgan to advisory board

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Charles Morgan, whose grandfather founded world-renowned British brand Morgan in 1909, has joined Britishvolt’s advisory board (Photo: Britishvolt)Britishvolt

Britishvolt has appointed automotive specialist Charles Morgan, to both its advisory board and board of directors, as a non-executive director.

Charles Morgan, whose grandfather founded world-renowned British brand Morgan in 1909, combines his automotive heritage with a deep global industry knowledge, and a passion for a sustainable, green future. In his new role, he will become a valuable contributor in guiding Britishvolt to realising the full potential of the UK automotive supply chain. Considering his experience in automotive production, the news is reminiscent of earlier analysis that gigafactory battery production could be poised to replace lost OE vehicle construction in the UK post-Brexit and now in the post-corona context.

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New car registrations worst since 1952

Following the SMMT’s publication of new car registration figures for May 2020, Jonathan Moss, Head of Transport at global legal services business DWF, commented that the numbers are the worst since 1952. He said:

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  1. NFDA, DWF, KPMG, Global Data and SMMT reactions to 2019 car registration figures
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UK car sales down -89% in May

New car sales tableSMMT

At the same time that the coronavirus lockdown closed car showrooms, the UK new car market fell 89 per cent in May, with just over 20,000 vehicles delivered. However, the adoption of ‘click and collect’-style online ordering was one ray of light. Still, according to the SMMT data, in May 2020 the overall UK new car market was 163,477 units behind the same month last year. And therefore, the market is down more than 51 per cent in the first five months.

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Automotive retailers ready to welcome customers back

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NFDA

The National Franchised Dealers Association (NFDA) is pleased that car showrooms can reopen from today (1st June) in England if they meet the COVID-19 guidelines to protect staff and customers. Franchised dealers have been working hard to prepare their premises in line with the Government and industry guidelines to ensure the safety of staff and customers when reopening.

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  1. ‘Steady growth’ in new van sales in May
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UK car manufacturing faces long wait to return to normal levels – KPMG

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SMMT

While UK car manufacturing is beginning to reopen production lines after producing just 197 units in April, Andrew Burn, partner and head of Automotive at KPMG, said the road ahead is far from clear, despite the UK’s car dealerships being given the green light to open. Export markets, uncertainty about demand, and the challenge of cross-border supply chains all provide significant headwinds for the country’s car makers.

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15 commercial vehicles manufactured in April, down -99.3%

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SMMT

Only 15 units ran off UK commercial vehicle (CV) production lines in April, -99.3 down year-on-year.The Society of Motor Manufacturers and Traders’ (SMMT) chief executive, Mike Hawes said that while unsurprising, the figures “illustrate the incredible challenge facing the UK commercial vehicle sector” as a result of the Coronavirus lockdown.

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UK car manufacturing down -99.7% in April

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SMMT

April car production was basically non-existant in the UK. The country’s output for the month was the lowest since the Second World War, down -99.7 per cent, according to Society of Motor Manufacturers and Traders (SMMT) figures. The coronavirus lockdown forced plants to close, meaning just 197 premium, luxury and sports cars left factory gates in the month. These were models that had been assembled prior to shutdowns with only finishing touches needed.

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  1. UK car production continues to boom in June
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UK truck market down -22.5% in Q1 2020

1Q 2020 UK truck registrations chartSMMT

Heavy goods vehicle (HGV) registrations fell -22.5 per cent in the first quarter of 2020, with 9,193 units registered, according to Society of Motor Manufacturers and Traders (SMMT) figures. Fluctuations in the sector’s naturally long fleet renewal cycle, together with lockdown measures introduced partway through March affected HGV registrations, rounding off the first three months of the year down some 2,666 units.

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Associations call on government to reconsider MOT extension

Mike Hawes, chief executive of SMMTSMMT

At the same time that the Society of Motor Manufacturers and Traders (SMMT), Independent Garage Association (IGA) and Institute of the Motor Industry (IMI) published post-lockdown garage reopening advice, they also echoed earlier calls from the tyre aftermarket business to support MOT tests.

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Garage reopening best-practice issued by GEA, SMMT

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The Garage Equipment Association (GEA), Independent Automotive Aftermarket Federation (IAAF), the Institute of the Motor Industry (IMI), the Scottish Motor Trade Association (SMTA) and the Society of Motor Manufacturers and Traders Ltd (SMMT) compiled the guideGEA, IMI, SMMT

The Garage Equipment Association (GEA), Independent Automotive Aftermarket Federation (IAAF), the Institute of the Motor Industry (IMI), the Scottish Motor Trade Association (SMTA) and the Society of Motor Manufacturers and Traders Ltd (SMMT) have published a best practice guide outlining the necessary steps for garages exiting lockdown.

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Electric vehicles, vans dominate April’s vehicle market

Mercedes-Benz

Dismal new car registration figures in April conceal a milestone for the UK motoring public – for the first time ever, an all-electric model topped the passenger vehicle sales charts. But when it comes to overall new registrations, top of the heap during the month was a van.

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  1. August car sales up 23 per cent – electric cars account for one in twelve sales
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  4. NFDA sees light commercial registrations rise, powered by mid-large vans
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