New car registrations grew in April for the 21st month in a row, SMMT’s latest figures show, with strong demand even in the quieter months raising optimism for the year as a whole. The growth, following the trend of recent months, was driven by fleets, even more resoundingly so for new battery electric vehicle (BEV) uptake, […]
Total gross written premiums up 10.7% to £892.2mn Motor own brand premiums up 13.4% to £400.1mn Total in-force policies down 1.8% to 9.3mn Matt Britzman, equity analyst, Hargreaves Lansdown: “Direct Line’s mammoth price hikes continued over the first quarter. Strip out the relatively new partnership with Motabilty, and Direct Line saw 434,000 motor customers walk […]
Today, Alphabet International releases its second European Fleet Emission Monitor (EFEM) report, which finds that fleet managers in Europe are unaware of the impact new sustainability legislation will have on their business. For example, with a specific focus on the European Union’s (EU) Corporate Sustainability Reporting Directive (CSRD), over half (56%) of fleet managers do […]
Britain’s motorists and businesses got behind the wheel in record numbers last year while at the same time reducing their carbon emissions, new Motorparc figures from SMMT this week show. More than 41.4 million cars, vans, trucks and buses were in use in 2023, with the biggest jump in car ownership since 2016 – in part thanks […]
SMMT has released figures for March pre-registrations in the UK new car market. The data shows the number of cars disposed of by vehicle manufacturers in March 2024 that were defined as pre-registrations. The Supply of New Cars Order 2000 requires motor manufacturers to publish the number of pre-registered cars supplied and the gross income […]
With UK van and truck operators facing some of the world’s most ambitious end of sale targets for non-zero emission models, planning for decarbonisation must begin now to keep Britain on the move. While the new passenger car market’s transition has been underway for some years, switching the heaviest vehicles on our roads to electric […]
Britain’s new car market grew for the 20th consecutive month in March, according to new SMMT figures published yesterday as the new numberplate helped attract buyers into showrooms. The importance of the month as a bellwether for the year to come cannot be understated and what it tells us is that while the overall market appears robust, […]
Britain’s industrial competitiveness is as important as ever for the UK auto sector as countries around the world vie for green investment in the race to decarbonise – and new SMMT figures out this week show the industry is in a good position. UK plants ramped up car production for the sixth consecutive month in February, with […]
The countdown clock is ticking on UK government grants for Electric Vehicle (EV) chargepoint installations. Businesses, landlords, flat owners, renters and households who park on the street have, from Sunday, one year left to claim the hundreds of pounds available for each chargepoint installed. Most of the financial incentives still available from the Office for […]
The announcement of reforms to the Apprenticeship Levy presents a huge opportunity for the whole UK automotive sector but particularly smaller businesses, and it could not be more timely. As we seek to gain ground on the critical skills gaps emerging in our transition to net zero, connected and automated mobility, the skills challenge is […]
