Highest October on record for UK LCV market, as registrations increase by 13.3%, with 28,753 units registere Growth in demand driven by heavier end of the van market, as operators expand fleets ahead of Christmas seaso Year to date market yet to make up 75,000-unit shortfall, with performance in first 10 months down -24.1%, as […]
The UK new car market declined again in October, with registrations falling by -1.6% year on year, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The industry recorded 140,945 new registrations last month, making it the weakest October since 2011 and -10.1% lower than the average recorded […]
The presence of electric cars in the automotive industry has been growing substantially over the last few years. Because of the rise in demand for electric vehicles (EVs), some of the world’s top manufacturers in the automotive industry have started to develop their own electric models. There were around 2.1 million electric vehicles sold globally […]
UK car production fell in September, with output down -5.0%, to register the worst performance for the month in 25 years, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Factories turned out 114,732 cars, a decline of some 6,000 units on the same month in 2019, as […]
UK commercial vehicle (CV) production increased 3.3% in September, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). 7,603 vans, trucks, taxis and buses were built in Britain last month, an increase of 240 units driven by production to fulfil several large UK fleet orders. Output for the […]
Academy Leasing is delighted to announce they have supported Lancashire-based business, SEP Rail Services, expand their operations and secure new contracts. The new fleet of leased vehicles supplied by Academy Leasing will play an instrumental role in helping drive their business forward. The firm which measures, models, and engineers the nation’s railways has built a […]
The automotive industry has demonstrated incredible resilience during what has been a damaging year for both vehicle manufacturing and sales, two critical contributors to the UK economy. In the important month of September, the number of new cars registered by UK buyers decreased by -4.4% according to the latest figures released by SMMT this week. […]
The UK new light commercial vehicle (LCV) market grew by more than a quarter (+26.4%) in September, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). In total, 52,096 vans, pickups and 4x4s were registered in the month, up some 10,880 units on a weak September 2019, when […]
The UK new car market declined -4.4% in September, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). The sector recorded 328,041 new registrations in the month – the weakest September since the introduction of the dual number plate system in 1999 and some -15.8% lower than the 10-year average […]
By Chris Black, commercial director at vehicle leasing experts LeasePlan UK Salary sacrifice schemes have become very popular over the past few years as employers look to find new ways of delivering cost effective benefits package in a way that attracts and retains the best talent. These schemes allow employees to use a portion of […]
