Battery electric vehicle (BEV) production in the UK is expected to top one million between 2030 and 2035, creating a demand for over 100 GWh of automotive batteries, providing the UK supply chain with a tantalising opportunity for growth and attracting further original equipment manufacturers (OEMs) to supercharge momentum. That’s as detailed in the latest […]
With all major UK political parties now having set out their stall for the general election in three weeks’ time, whoever forms the next government must find a long-term strategy that supports our world leading automotive manufacturing base and vibrant new zero emission vehicle (ZEV) market – so that everyone, businesses and consumers, can thrive. […]
A major transition in the UK’s automotive factories is underway with manufacturers retooling to build the very latest and greenest models. New SMMT figures published this week reflect that journey, with an expected downturn in output volumes as production lines are repurposed and scaled up for next-generation models and technologies – technologies which, with favourable industrial and […]
With the country set for the twists and turns of a long-awaited election, planning for a sustainable and competitive future, one in which the UK can lead, must be a top priority for any incoming government. A thriving automotive industry can deliver that future, of decarbonisation, serving society, competing globally and delivering new jobs, but […]
Getting a greener Britain moving means getting the full spectrum of jobs that society and economy needs delivered by zero emission vehicles (ZEVs). From the household car and business van to whole fleets of trucks and buses, the entire road transport fleet must be decarbonised and industry is already doing all it can to deliver. […]
Dealers need to ensure that their forecourts are well stocked to meet consumer demand, but this can be easier said than done. More than two thirds (68%) of dealers are finding it challenging to source the right stock at an affordable price, according to the latest Forecourt Foresight research from Close Brothers Motor Finance. Over half (53%) […]
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 […]
