New UK heavy goods vehicle (HGV) registrations increased by 30.1% in the third quarter of 2022, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The surge saw 10,034 units registered across the three months, demonstrating the best quarterly growth since Q3 2021 and driving volumes up 17.3% […]
Britain’s new bus and coach market fell -11.6% year on year to 754 units in the third quarter of 2022, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The performance is some -43.7% below an already weak Q3 2019, primarily due to a long-term decline in passenger numbers yet […]
Over half of motorists with older cars are holding on to them for longer because of the cost-of-living crisis, new research from Motorpoint has revealed. The survey of 2,000 UK drivers with cars over 10 years revealed that for 57%, worries over the current financial situation mean they will keep their car for longer. However, […]
The UK’s used car market fell for the second consecutive quarter this year, declining -12.2% over the three months of July to September, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Some 1,785,447 vehicles changed hands, the first time that quarter three transactions have dipped below two […]
The UK’s new light commercial vehicle (LCV) market fell by -18.4% in October, with 22,386 of the latest vans joining Britain’s roads. Despite robust demand, registrations were at the lowest level for October since 2012, and some -16.5% below the pre-pandemic five-year average, as supply shortages continue to restrict global production and availability. Deliveries of the most popular large vans weighing more than 2.5 tonnes declined -7.6%, while registrations of mid-weight vehicles weighing up to 2.5 tonnes fell by -50.7% and those weighing 2.0 tonnes or under […]
The UK new car market recorded a third month of growth in October, with registrations rising by more than a quarter (26.4%) to 134,344 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Fulfilment of strong order books helped deliver the bounce-back, although the increase follows a particularly disappointing […]
In the week we wound back the clocks, drawing an end to British Summer time, October’s new car registrations offer some light, posting the market’s third month of consecutive growth. And it was considerable growth at that, with registrations up more than a quarter signaling that recovery is finally on the horizon. Less positive were the monthly […]
A new prime minister and government enter parliament and we look forward to working with both to ensure the UK automotive sector remains globally competitive. We need a clear and compelling strategy for growth and stability that reassures markets, bolsters consumer confidence and makes sure the UK is seen as investable. The automotive industry can […]
UK commercial vehicle (CV) production grew by 53.6% in September, with 11,979 vans, buses, trucks, coaches and taxis rolling off British factory lines, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). September output levels reached their highest since 2011, marking nine months of consecutive growth in reaction […]
Many organisations in the UK are investing in electric vehicle (EV) charging stations for their premises. Providing free charging can attract employees, boost a business’s ESG values, and is an important measure ahead of the proposed 2030 ban on the sale of petrol and diesel vehicles. However, the installation of EV charging points in a […]
