CV market buoyant in May
Commercial vehicle registrations rose 17.4 per cent in May to 31,922 units, according to the SMMT. This was the fifth consecutive monthly uplift for truck market, while vans hit a 150,000 registrations record.
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YTD new car registrations exceed 1 million in May – SMMT
Figures released today by the Society of Motor Manufacturers and Traders (SMMT) show a steady 2.4 per cent growth in the UK new car market, accompanied by a strong surge in demand for ultra-low emission vehicles (ULEVs). A total of 11,842 ULEVs were registered between January and May – a four-fold rise on the 2,838 registrations during the same period last year. The SMMT views this growth as further evidence of UK car buyers’ increasing awareness of the “significant benefits of driving a ULEV, as they look to reduce their running costs and environmental impact.” Motorists can now choose from a range of around 20 ULEVs, compared to just six in 2011.
UK car production passes half million mark
New figures released by the SMMT show the UK surpassed the 500,000 milestone for car production this April, with 530,505 new cars built so far this year. Production for the domestic market is up 19.4 per cent in the first four months of the year, reflecting strong performance in the UK new car market.
Two thirds of new cars now with digital radio as standard
It has been announced by Digital Radio UK that nearly two-thirds of new cars now come with digital radio as standard, up from just half of new cars a year ago according to SMMT figures.
April surge for CV registrations
UK commercial vehicle registrations rose 23.5 per cent in April, with similar growth of 23.9 per cent for the year to-date. The strong demand for trucks continued, up 43.5 per cent to 3,900 units. Van registrations increase for the 12th consecutive month to 24,927; a rise of 20.9 per cent. These figures were released by the SMMT.
10-year high for April car registrations
Figures released by the Society of Motor Manufacturers and Traders (SMMT) on the morning the UK heads to the polls underline a robust new car market, with registrations up for the 38th consecutive month in April. Demand rose by 5.1 per cent to 185,778 units – the month’s best performance since 2005. Year-to-date registrations for 2015 are up 6.4 per cent to 920,366.
UK beats CO2 emissions targets again
The UK has once again beaten CO2 emissions targets, with the average new car in 2014 posting CO2 emissions 4.2 per cent below this year’s EU-wide target of 130g/km, according to a Society of Motor Manufacturers and Traders (SMMT) new report.
The annual SMMT New Car CO2 Report 2015 reveals that carbon tailpipe emissions have fallen for the 17th consecutive year to an all-time low. In 2014, new cars averaged just 124.6g/km, beating last year’s record average by 2.9 per cent and 2007 levels by almost a quarter (24 per cent).
Korean demand for British-built cars up 476% since 2009
The Society of Motor Manufacturers and Traders (SMMT) is to lead a delegation of specialist UK automotive companies in a trade visit to Seoul, as the industry seeks to strengthen business links and partnerships with Korean companies.
The trade mission comes on the back of a record UK-Korea trading year. Korea is now the third biggest Asian export hub for the UK automotive industry – and the eighth largest export market. British car exports to Korea have grown by a record 476 per cent, with 13,337 vehicles shipped to the country last year compared with 2315 in 2009.
British car output – productivity hits all-time high
SMMT figures show that the strong British car market drove domestic production up 1.9 per cent in March with 144,893 cars built – the best March since 2006. Manufacturing output for the domestic market, meanwhile, rose almost a quarter, reflecting continuing strong demand for new cars in the UK.
UK commercial vehicle production on the rise
Figures released by the Society of Motor Manufacturers and Traders (SMMT) show an increase in demand for UK-built commercial vehicles. Britain produced 9,648 vans and trucks in March, representing an uplift of 43.3 per cent over last year. In the first quarter of this year, 23,435 commercial vehicles were produced, marking 19.1 per cent growth following reduced output in 2014.
Record number of UK car buyers go ultra-low on emissions
A record number of UK car buyers are opting to reduce their fuel bills by choosing ultra-low emission vehicles (ULEVs), according to research by Go Ultra Low. The latest registration figures from the Society of Motor Manufacturers and Traders (SMMT) reveal that more than 41 per cent of all alternatively-fuelled cars registered in the first quarter of 2015 qualified for the government’s plug-in car grant, up from 13 per cent over the same period in 2014.
UK commercial vehicle registrations reach a new high
Protagonists at this week’s Commercial Vehicle Show have cause to celebrate, as new figures from the SMMT show van and truck registrations have reached a record high. A total of 108,456 vans and trucks were registered in the UK between the start of January and end of March 2015, making it the best quarter on record. This result is particularly remarkable when bearing in mind that only 221,132 commercial vehicles were registered in the whole of 2009. Registrations reached 384,120 units last year – just below the 388,488 registrations recorded in pre-recession 2007 – and demand is expected to remain strong in the months ahead.
UK car registrations hit ‘21st century high’ in March
March 2015 was the best month for car registrations in Britain since twice-yearly number plate changes were introduced in 1999, reports the Society of Motor Manufacturers and Traders. A total of 492,774 cars were registered last month, 6.0 per cent more than a year earlier. The SMMT says “new products and attractive finance packages, underpinned by low interest rates” helped deliver this record result. Growth was led by the fleet sector, which experienced year-on-year growth of 11.6 per cent. A total of 734,588 new cars were registered in the UK during the first three months of 2015, 6.8 per cent more than in the first quarter of last year.
£1 billion boost for British car industry
Britain’s booming car manufacturing industry has received a huge boost with three major manufacturers announcing UK investments worth more than £1 billion in the past six days.
Connected cars to boost UK employment
Research commissioned by the SMMT has found that the development of connected and autonomous vehicles will help generate 320,000 jobs in the UK. Researchers from KPMG found that these new vehicles will deliver a £51 billion boost to the UK economy and reduce serious road traffic accidents by more than 25,000 a year by 2030. It also forecasts the UK will be a global leader in the production of this next generation of vehicles.
