The Society of Motor Manufacturers and Traders (SMMT) said that new car registrations were being energised by electric vehicle (EV) uptake as November delivered 23.5% year-on-year growth.
The Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said that more favourable conditions for investment are “needed and needed urgently” to ensure UK car manufacturing’s 2023 recovery.
September recorded the UK’s lowest new car finance volumes since 2010 as supply issues continued to disrupt the automotive sector, the Finance & Leasing Association (FLA) has reported.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has urged Government to stimulate new electric vehicle (EV) sales after the volume of sales transactions dipped 12.2% in Q3.
In his latest in-depth analysis of the UK's car registrations landscape for AM Magazine, David Francis finds the global supply woes and cost-of-living crisis might be favouring affordable car brands.
Society of Motor Manufacturers and Traders (SMMT) data has shown that light commercial vehicles registrations fell to their lowest level in a decade during October.
The UK automotive sector remains on course to deliver its lowest new car registrations total since 1982, despite a 26.4% growth in October, the Society of Motor Manufacturers and Traders (SMMT) has said.
Less than a third of new cars currently on sale are available with manual gearboxes, an investigation by Carwow has found.
Ford almost doubled its registrations to lead the Society of Motor Manufacturers and Traders (SMMT) ranking of the UK’s best-selling car brands in September.
Registrations of new cars in the plate-change month of September reached 225,269 units; the 4.6% uplift marking the new car market's second successive month of year-on-year growth, SMMT data shows.
An “extremely tough and uncertain economic environment” for car manufacturers has overshadowed a 34% recovery in productivity during August, the SMMT has said.
September’s new car sales will be a ‘true barometer’ of the UK’s automotive recovery after a 1.2% rise in August registrations left the sector down 10.7% down year-to-date.
The new Prime Minister will put jobs and economic growth at risk unless fast, focussed action is taken to mitigate against soaring costs in the manufacturing sector, the Society of Motor Manufacturers and Traders (SMMT) has said.
Performance-leaning Cupra outsold its mainstream Catalonian sister brand Seat as its new Born electric vehicle (EV) tapped into the car retail sector’s only growth segment during July.
A 9% dip in new car registrations in July delivered a fifth consecutive month of sliding sales in a UK automotive sector which continues to be hampered by the global manufacturing crisis.
The Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has said there is “optimism” about the UK’s car manufacturing sector after output grew 5.6% year-on-year in June.
Kia, MG, Hyundai and Dacia were among the top performing car brands in the UK as they defied the automotive sector’s supply issues to swell sales through their dealer networks.
UK’s new car registrations slumped to their worst June since 1996 after ongoing component supply issues contributed to a 24.3% decline - but the cost of living crisis is yet to bite.
The UK car manufacturing sector was described as “deeply troubled” as soaring energy costs and competition from the EU tempered optimism following the first uplift in productivity for 10 months.
Urgent action to address a 50% rise in energy bills is UK car manufacturers’ “number one ask” as the sector seeks help from Government, the Society of Motor Manufacturers and Traders (SMMT) has said.
