“We welcome the additional and significant emergency support for business announced by the Chancellor today. The UK automotive industry is inherently strong and globally competitive but now stands on the precipice and will urgently need extraordinary measures such as these to avoid falling over the edge. We are already seeing plant closures as global demand [...]
According to figures from the Society of Motor Manufacturers and Traders (SMMT), the February new car market fell by -2.9% with 79,594 cars registered. Battery and plug-in hybrids continue to increase with 4,566 cars being registered. . “Another month of decline for the new car market is especially concerning at a time when fleet [...]
This is Mike Hawes, The Society of Motor Manufacturers and Traders (SMMT) response to the U.K Government plan to ban the sale of new diesel and petrol vehicles including all hybrids. “It’s extremely concerning that government has seemingly moved the goalposts for consumers and industry on such a critical issue. Manufacturers are fully invested in [...]
UK new car registrations for 2019 fell -2.4%. There was a total of 2.3 million units registered last year. Record levels of registrations for battery electric cars up 144%. “A third year of decline for the UK new car market is a significant concern for industry and the wider economy. Political and economic uncertainty, and [...]
2018 U.K new car registrations are down by -6.8% to 2.37m units but.... some encouraging news is that registrations of plug-in cars are at a record high. Mike Hawes, SMMT Chief Executive, said “A second year of substantial decline is a major concern, as falling consumer confidence, confusing fiscal and policy messages and shortages due to [...]
The U.K. new car market for November was down by -3% according to the figures from the Society of Motor Manufacturers and Traders (SMMT). 158,639 new cars were registered last month. Demand for petrol vehicles grew 3.5% and alternatively fuelled vehicles rose 24.6%. Year-to-date more than 2.2 million new cars have been registered. Mike [...]
94,094 new cars were registered for the month of August 2018. The big news is that the UK’s growing range of hybrid, plug-in hybrid and pure electric cars grew by 88.7%. This means that 1 in 12 people in the UK choose one of these ultra-low and zero emission vehicles. Mike Hawes, SMMT Chief [...]
The UK new car market has fallen by -3.5% to 234,945 registrations for June 2018. Petrol engines and electric plug-in vehicles posted a growth but demand is still down for diesel vehicles. Mike Hawes, SMMT Chief Executive, said, “Despite a rocky first six months for the new car market, it’s [...]
The UK new car market grew by 3.4% in May with 192,649 new units registered. Mike Hawes, SMMT Chief Executive, said, “May’s growth, albeit on the back of large declines last year, is encouraging and suggests the market is now starting to return to a more natural running rate. To ensure long-term stability, we need to [...]
Good news! The UK new car registrations rose 10.4% in April 2018 - according to the Society of Motor Manufacturers and Traders (SMMT). 167,911 new units were registered. Petrol car registrations grew 38.5% in April but diesel registrations are still on the decline down by -24.9%. Registrations of plug-in and hybrid electric cars are still [...]
