The new government’s first full week of activity brought with it long-awaited news on the extent of business energy cost relief and, today, the Chancellor’s Growth Plan, which opens the door to an automotive recovery with encouragement for investment and tax cuts designed to rebuild consumer confidence. Energy is a big issue for the industry, […]
This week’s return of Automechanika Frankfurt, fully in person again after four years, was a welcome chance to meet some familiar faces in the aftermarket sector and provided the opportunity for SMMT to lead its largest overseas trade mission since the pandemic began. A dedicated UK pavilion included 22 leading aftermarket companies representing the breadth and quality […]
Vyne, the specialist account-to-account payments platform, today announces that in a global first, leading automotive retailer Pendragon PLC will offer its account-to-account payment method as the first and preferred payment method both in-dealership and in the future online. The partnership will introduce Vyne’s account-to-account payment capabilities to Pendragon’s automotive brands, including Evans Halshaw, Stratstone and CarStore. Based on […]
Vyne, the specialist account-to-account payments platform, today announces that it has been selected to deliver Open Banking payments to Pinewood, one of the leading global solutions for automotive dealer management. Vyne is now integrated with Pinewood DMS – providing dealers an instant payment addition to their digital omnichannel offering. Neville Briggs, managing director, Pinewood Technologies, […]
The table below shows new car registration figures for England, Northern Ireland, Scotland and Wales. Top performers by model are also listed in the attached sheet. Providing SMMT is acknowledged as the source, these figures may be quoted.
The UK new car market rose by 1.2% in August, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The growth, albeit marginal, is the first seen since February, with some 68,858 new vehicles joining the road during what is typically the second quietest month of the year as many […]
Pioneering electric vehicle (EV) charging firm Trojan Energy will expand their operations and workforce after securing £9m backing from the Scottish National Investment Bank. The Aberdeen based business specialises in flat-and-flush vehicle charge points which remove the requirement for any obstructive roadside infrastructure and leave the pavement clear of clutter. It is hoped the convenience […]
This week’s figures from SMMT show UK car manufacturing increased for the third month in a row in July, up 8.6% – although that is compared with last year’s pandemic-hit production that saw the worst July since 1956. The ongoing shortage of semiconductors continues to limit manufacturers’ volumes, with last month -46.4% below 2019. However, […]
UK commercial vehicle (CV) production grew by 43.9% in July, with 8,097 new 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). Output in July was the highest for the month since 2016, and rounded off the best […]
UK car production rose for the third consecutive month in July, up 8.6% to 58,043 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The performance must be set in context, however, as it is compared with July 2021, which was the worst July since 1956 as car […]
