The SMMT has called on Government to bring an end to the threat of a ‘no deal’ Brexit to restore consumer confidence following a 3.4% decline in new car registrations during March.
A ninth consecutive month of declining car production at UK manufacturing plants should serve as “a wake-up call” for anyone who thinks the sector could survive a ‘no deal’ Brexit, the SMMT has said.
Brexit uncertainty has impacted consumer confidence, with almost half of all car buyers delaying the purchase of their next vehicle, according to BuyaCar.co.uk
Car parts will not attract an import tariff if the UK Leaves the EU under a ‘no deal’ scenario, scrutiny of a 1,477-page hard Brexit plan has revealed.
SMMT has said that it will “put the record straight” on ‘no deal’ Brexit impact by dispelling 13 common myths as Parliament debates the meaningful vote.
A charitable partnership that helps armed forces veterans get jobs in the car industry has been launched with the help of Prince William and Prince Harry.
February’s new car sales finished 1.4% up year-on-year at 81,969 registrations, as private and business purchases increased, SMMT data shows.
UK car manufacturing suffered another decline in productivity during January as the volume of vehicles rolling off production lines fell by 18.2% to 26,858.
A total of 7.9 million used car sales were completed in 2018 as the sector experienced a 2.1% decline in volumes, the Society of Motor Manufacturers and Traders (SMMT) has reported.
New car registrations declined by 1.6% despite a 2.9% increase in the number of private buyers starting 2019 with the purchase of a new vehicle.
European car manufacturers are concerned that a new EU-Japanese trade deal could see them lose ground in the UK to Asian rivals, according to UHY Hacker Young.
The threat of a ‘no deal’ Brexit halved the influx of fresh investment into the UK’s car manufacturing sector, according to the Society of Motor Manufacturers and Traders (SMMT).
Grey cars were the most popular among new car buyers in 2018, overtaking black as the UK’s favourite.
The SMMT is urging MPs to vote in favour of the Prime Minister’s Brexit deal in order to ‘take no deal off the table’.
New car registrations were down 6.8% in 2018, as the new car market suffered its worst performance in five years.
The SMMT has attributed UK car manufacturing’s “serious” decline in productivity of 19.6% during November to falling business and consumer confidence caused by Brexit.
November’s new car registration figures may be an indicator that the market is started to “rebalance itself” but market forces continue to favour used car retail, according to Cazana.
New car registrations declined 3% in November as the effects of the WLTP emissions test regime and falling consumer confidence conspired to affect supply, according to the SMMT.
Glasgow University mechanical engineering student Lewis Campbell has won the Autocar-Courland Next Generation Award 2018 with an innovative solution to the problem of car cloning.
The Society of Motor Manufacturers and Traders (SMMT) has appointed Dr George Gillespie OBE as its 81st president.
