More than a hundred UK automotive companies will come together in Germany this week (September 10-14) for Automechanika Frankfurt, one of the largest global aftermarket trade shows, with 19 of them having secured a place at the sold-out UK Pavilion hosted by the Society of Motor Manufacturers and Traders (SMMT).
The UK’s light commercial vehicle (LCV) market dropped -8.5 per cent in July with 24,689 vans, 4x4s, pickups and taxis joining the road, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The performance is in comparison with a strong July in 2023 – the best in three years – however, which came amid a record-equalling 17 consecutive months of market growth. With that exceptional run of demand ending only in May this year, the overall market remains robust with registrations up 2.7 per cent year to date to become the best first seven months since 2019.
The UK new car market rose by 2.5 per cent in July, delivering two years of consecutive growth, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). With 147,517 new cars reaching the road, it was the best performance for July since 2020, when a re-opening of dealerships following four months of lockdown saw a surge in deliveries to fulfil demand pent-up demand.
The owners of the largest road transport exhibition in the UK, the Commercial Vehicle Show, have announced a strategic partnership with B2B events organiser Nineteen Group Limited, reinforcing their commitment to the event’s long-term future and the industry it serves. The partnership aims to leverage Nineteen Group’s expertise in high-quality B2B event organisation with the established reputation of the CV Show.
2024 The UK new light commercial vehicle (LCV) market declined -4.5 per cent to 33,066 units in June, ending a record-equalling 17-month growth run, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Despite the fall, the market has remained robust in the first half of the year – up by 4.5 per cent with some 177,620 new vans, pickups and 4x4s registered in 2024, the best performance since 2021.
The UK new car market has hit the half year million motors mark for the first time in five years, after new car registrations rose in June by a modest 1.1 per cent to reach 179,263 units, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT). As a result, so far in 2024, 1,006,763 new cars have been registered, up 6.0 per cent on the previous year but still down -20.7 per cent on 2019.
The UK new car market marked its 22nd consecutive month of growth as registrations rose 1.7 per cent in May, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). With 147,678 units reaching the road, it was the best May market performance since 2021, although it remains down some -19.6 per cent on 2019.
The UK new light commercial vehicle market posted its 17th consecutive month of growth in May, as registrations rose by 1.9 per cent to reach 25,853 units, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The result was the strongest performance for the month since 2021, which recorded the best May market in history when business investment in commercial vehicles accelerated in the wake of the pandemic.
UK demand for new light commercial vehicles (LCVs) rose by 5.4 per cent in April as more businesses invested in the latest models, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT). 23,889 new vans, 4x4s and pickups were registered, the highest total for the month since 2021, as fleets invested in vehicles to support local trades, doorstep services and other increasingly vital parts of the logistics sector.
UK new car registrations grew for the 21st consecutive month in April, rising by a modest 1.0 per cent to reach 134,274 units, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). As a result, this was the market’s best April since 2021, although uptake was still -16.6 per cent below the pre-pandemic level in what is traditionally a low volume month following the March plate change.
UK demand for new light commercial vehicles (LCVs) grew by 2.2 per cent in February to 17,934 units, marking 14 months of consecutive growth, according to the latest figures from the SMMT While February is traditionally a lower volume month, as many operators delay procurement until March for the new numberplate, the increase represents the best February performance since 1998.
The UK new car market has recorded its best February performance for two decades as registrations rose 14.0 per cent to 84,886 units, according to the latest figures from the Society of Motor Manufacturers and Traders.
It was the 19th month of consecutive growth, which has primarily been driven by fleets investing in the latest vehicles. Indeed, fleets and businesses were responsible for the entirety of February’s increase, with registrations up 25.2 per cent and 15.5 per cent respectively. Private uptake continued to struggle, with a -2.6 per cent decline to record a 33.7 per cent market share. February is traditionally volatile as the lowest volume month of the year, with buyers often electing to wait until March and the new number plate.
The automotive industry is calling for the UK’s chancellor to use the upcoming Budget to put the UK’s shift to electric vehicles back in the fast lane, with fair taxes for a fairer transition. New research commissioned by the Society of Motor Manufacturers and Traders (SMMT) from Savanta has revealed that rising numbers of would-be EV drivers are now likely to delay their switch to a battery electric car – but a three-point plan of tax reform would recharge the market and accelerate the UK’s progress towards net zero.
UK demand for new light commercial vehicles (LCVs) grew by 8.4 per cent with 23,962 vehicles joining businesses and company fleets across Britain during January, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The increase marks 13 consecutive months of growth and the highest January total since 2021, reflecting the growing role of vans in Britain’s economy, from local trades and deliveries to national retailers.
Britain’s millionth battery electric car (BEV) reached the road in January 2024, while the new car market grew 8.2% for the month, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The first month of the year saw 142,876 new cars registered, the best performance for the month since 2020 and the 18th consecutive month of growth. The increase was driven entirely by the fleet market, which rose by 29.9%, while private retail uptake fell -15.8%. Fleets accounted for 63.2% of new cars registered.
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