UK car production in 2021 fell 6.7% to only 859,575 units, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT), the worst total since 1956.
New car registrations rose just 1% in 2021 as tougher trading arrangements, accelerating technology shifts and decimated supply stalled the sector’s recovery from COVID-19.
Consumer car finance remained up 7% by volume in the year to the end of October despite an 11% decline in October, according to Finance and Leasing Association (FLA) data.
November's 115,706-unit new car market brought an end to four months of consecutive decline in new car sales, by recording a 1.7% uplift over November 2020 when stronger coronavirus restrictions were in place.
The UK’s car manufacturing output slumped 41.4% year-on-year in October as an “extremely worrying” continuation of the semiconductor shortages continued to play out.
The Society of Motor Manufacturers and Traders (SMMT) has named Stellantis senior vice-president and UK country manager Alison Jones as its 82nd president.
The Society of Motor Manufactures and Traders (SMMT) has published a series of “guiding principles” to prevent customer confusion about the 'hands-free' driving capabilities of their car.
Used car sales declined 6.2% in Q3 as vehicle supply shortages continue to “undermine” the retail sector, the Society of Motor Manufacturers and Traders (SMMT) has said.
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
MG, Hyundai and Kia continued to buck the UK’s new car registrations decline with impressive year-on-year growth in October.
Society of Motor Manufacturers and Traders (SMMT) chief executive Mike Hawes has expressed hopes of a “brighter” 2022 for UK automotive after new car registrations declined by 24.6% in October.
The UK Government’s newly-published Net Zero Strategy includes proposals for a zero-emission vehicle (ZEV) mandate forcing manufacturers to sell a certain proportion of electric vehicles (EVs).
The Society of Motor Manufacturers and Traders (SMMT) has re-launched its £100,000 fund to help Covid-hit automotive businesses protect apprenticeship jobs.
Franchised car dealers across the UK experienced the lowest new car registrations total since 1998 in a “desperately disappointing September” number plate change month, the SMMT has confirmed.
The UK’s car manufacturing sector suffered a 27% year-on-year decline in vehicle production during August as the impact of the global semiconductor microchip shortage began to bite.
The Society of Motor Manufacturers and Traders (SMMT) has highlighted UK car makers’ 11.8% reduction in fleet carbon emissions in its latest Sustainability Report.
SMMT chief executive Mike Hawes has said that OEMs were doing “all they can” to deliver new cars to customers after the UK suffered its worst August sales performance since 2013.
The SMMT is calling for more Government support and a road-map for the commercial vehicle industry’s switch to zero emissions before the 2040 deadline.
UK car manufacturing output fell by 37.6% in July, the first fall since February with just 53,438 units made, according to the latest figures by the SMMT.
Used car sales rose 351.4% to a near record 2.17 million sales during Q2 of 2021 as new vehicle supply shortages drove increasing volumes of motorists into pre-owned models.
