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New car market up as plate change September marks 1 million EV milestone

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SMMT

The UK new car market recorded its second successive month of growth in September (the second ‘plate change’ month of the year), with registrations rising 4.6 per cent, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). During what is typically the second biggest month of the year for the sector, 225,269 cars joined Britain’s roads. While this was a 9,957 unit increase on last year, when the industry recorded its weakest September since 1998, overall registrations for the month are still some -34.4 per cent below pre-pandemic levels as the industry continues to battle issues constraining supply to fulfil a backlog of orders.

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Related news:

  1. 36th month of growth in car sales
  2. August car sales up 23 per cent – electric cars account for one in twelve sales
  3. Fleet sales mean March new car sales up 11.5 per cent YOY
  4. Car registrations ‘incredibly encouraging’ comments Carwow
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CV output figures up 92.9 per cent, but industry worried about rising costs

SMMT

In the commercial vehicle (CV) sector, production rose 92.9 per cent to 6,132 units, according to the latest SMMT figures, marking the best August since 2012 and the eighth consecutive month of growth. Overseas demand was up 78.4 per cent, while production for UK operators more than doubled year-on-year, rising 119.3 per cent. Year-to-date CV output is up 50.3 per cent at 64,828 units in the best year-to-date since 2012.

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Related news:

  1. SMMT: Automotive industry on Brexit “red alert”
  2. UK car production fell 37% in March 2020 – SMMT
  3. SMMT reveals Brexit contingency package
  4. UK new car sales fell 44.4% in March due to coronavirus
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UK car production rises for 3rd consecutive month

Car production in the UK rose for the third consecutive month in July, with figures published by the Society of Motor Manufacturers and Traders (SMMT) showing 8.6 per cent year-on-year growth to 58,043 units. But before the local industry pats itself on the back, the SMMT cautions that this performance must be set in context as it compares with July 2021, which thanks to the semiconductor shortage was the worst July since 1956.

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Related news:

  1. UK September car production hits four-decade low
  2. Car production falls for 8th consecutive month
  3. First rise in 11 months for UK car production
  4. UK car production up 12% in March
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Global aftermarket set to grow 13% in 2022, UK and EU also up

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Artem Podrez; Pexels

Halfords Autocentres’ recent expansion into the top-table of tyre retail is indicative of a wider move towards mechanical work in tyre-orientated garages. Now, many fast fits generate somewhere around 50 per cent of their income from non-tyre business.

According to the latest SMMT data, the UK aftermarket turns over an annual £21.1 billion – making it the ninth largest in the world. And what’s more there are said to be north of 40,000 points of sale in the UK, which means the wider tyre business’s recent shift towards more mechanical work means that aftermarket space is as competitive as ever. Still, the ongoing outlook is good and the aforementioned growth figures are increasing at the same rate as the UK’s growing car parc. As a result, SMMT projections suggest the UK aftermarket sector’s value is set to rise to £28 billion by 2022.

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Related news:

  1. Tyre dominance in overall aftermarket beginning to diminish
  2. Will new battery production capacity replace car production in the UK?
  3. New Vehicle Registrations Show Continued Growth
  4. UK Q1 car production up
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UK Q2 used car sales fall sharply from “artificially inflated” 2021 figures

The Q2 figures for used car sales in the UK shows a substantial fall from the figure for 2021, according to the Society of Motor Manufacturers and traders. “The decline reflects the strength of the figures in 2021, the busiest quarter since records began. Franchised dealers continue to see strong demand in the used car segment driven by a combination of consumer demand and a lack of supply of new vehicles”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association.

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Related news:

  1. ‘Robust’ demand for used vehicles set to continue
  2. Steady growth in May car registrations
  3. NFDA sees light commercial registrations rise, powered by mid-large vans
  4. Slower August for UK new car market – registrations drop 6.4 per cent
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Sixth month of decline for UK van market

Figures released by the Society of Motor Manufacturers and Traders (SMMT) yesterday show that the UK new light commercial vehicle (LCV) market declined for the sixth consecutive month in June. New registrations fell by 23.0 per cent to 26,443 units. Amid ongoing global supply chain shortages, 144,384 new vans, pickups and 4x4s were registered during the first half of 2022, 24.6 per cent fewer than in the same period last year.

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Related news:

  1. November a record month for UK van sales
  2. UK new van registrations up 2.4 per cent in 2019 as market finishes year on a high
  3. New van market growth stemmed only by supply issues – SMMT
  4. SMMT: Best-ever November for LCV registrations
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June car registrations down a quarter

UK new car registrations fell 24.3 per cent year-on-year in June. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), 140,958 new vehicles were registered during the month, the weakest June performance since 1996.

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Related news:

  1. EVs a strongpoint in Covid-stalled UK car market
  2. Most successful year for electric cars, but 2021 UK registrations just 1% higher than 2020
  3. January car production hits 13-year low
  4. New car registrations hit 24-year low in March
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Best May for a decade – CV production up 26.5%

UK commercial vehicle (CV) production grew 26.5 per cent in the fifth month of 2022, with 7,900 new vans, buses, trucks, coaches and taxis leaving British factory lines. Reporting these figures, the Society of Motor Manufacturers and Traders (SMMT) comments that CV manufacturers recorded their best May performance since 2012, continuing a strong start to 2022 with five consecutive months of growth.

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Related news:

  1. 30th consecutive month of growth in UK car registrations – SMMT
  2. Steady growth in May car registrations
  3. Slower August for UK new car market – registrations drop 6.4 per cent
  4. UK motor parc – more vehicles, less CO2
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First rise in 11 months for UK car production

UK car production in grew in May 2022 for the first time since June 2021. The Society of Motor Manufacturers and Traders (SMMT) report that a total of 62,284 units left factory gates during the month, a rise of 13.3 per cent. SMMT notes, however, that the increase must be viewed in context against May 2021, which was still suffering significantly from pandemic-related headwinds. Output remains 46.3 per cent below the pre-pandemic month in 2019, with ongoing supply chain issues, increasing economic uncertainty, rising business costs and disruption caused by the war in Ukraine.

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Related news:

  1. New car registrations hit 24-year low in March
  2. UK September car production hits four-decade low
  3. Car production falls for 8th consecutive month
  4. EVs a strongpoint in Covid-stalled UK car market
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Commercial vehicles reach record share of vehicles on road

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The number of commercial vehicles on Britain’s roads has reached the highest level in history, according to the latest annual Motorparc data, published by the SMMT. Some 5,483,319 vans, trucks, buses and coaches were recorded in operation at the end of 2021, a 4.1 per cent increase on the previous year. Working vehicles now comprise 13.5 per cent of the 40,506,971-strong national fleet following a bumper year for van registrations and a return to growth for trucks and buses.

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Related news:

  1. New 65-plate continues rising CV registration trend
  2. Growth in home deliveries fuels UK CV manufacturing in 2021
  3. UK commercial vehicle output falls -24.8% in 2020 to date despite June growth
  4. June CV registrations mean record van sales for first half 2016
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New van registrations fall for fifth consecutive month as supply squeeze continues

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SMMT

UK light commercial vehicle (LCV) registrations recorded their fifth consecutive month of decline in May, falling -25.1 per cent to 22,000 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Although the fall is amplified in comparison with last year, which saw the highest May registrations total in history, the market was still some -21.5 per cent below the pre-pandemic average as component shortages restricted production and therefore delivery.

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Related news:

  1. Small growth in January van registrations
  2. June LCV sales down nearly six per cent
  3. Van market up five per cent in August
  4. January UK van registrations rise two per cent
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Supply shortages mean May car registrations down by 20 per cent

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New UK car registrations fell -20.6 per cent to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and the fulfilment of existing orders, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline, compared with the first full month of reopened showrooms in May last year, demonstrates the impact of continued global supply chain disruptions, with the market -32.3 per cent below the 2019 pre-pandemic level despite strong order books.

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Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. Record sales of AFVs in February as overall market dips slightly
  3. Slight fall in August new car sales, but strong showing for electric cars
  4. Decline in car sales continues in October
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‘Robust’ demand for used vehicles set to continue

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“As new car sales continue to be impacted by the ongoing supply constraints, it is encouraging to see that consumer appetite for second-hand vehicles remained robust in the first quarter of the year”, said Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), commenting on the latest SMMT’s used car figures. The UK’s used car market rose 5.1 per cent in the first quarter of 2022 with 1,774,351 transactions. There were 86,596 more cars changing hands compared to the same period in 2021. Despite this increase, used car transactions remain -12.2 per cent below pre-pandemic levels.

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Related news:

  1. Registration plate change boosts September car sales
  2. 36th month of growth in car sales
  3. 10-month consecutive CV registration growth ‘encouraging’ – NFDA
  4. Record sales of AFVs in February as overall market dips slightly
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Fall in UK March van sales

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SMMT

Commenting on the latest UK registration figures for vans, Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), said; “Registrations of light commercial vehicles declined in March as supply constraints and subsequent product shortages continue to have a detrimental impact on the market; these issues are not only affecting automotive, but also other economy sectors, such as the construction industry, whose stability is vital to the van market.”

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Related news:

  1. February LCV market fall was “not unexpected” says SMMT
  2. October LCV sales down 7.4%
  3. June LCV sales down nearly six per cent
  4. November light van sales up, despite lockdown
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New car registrations hit 24-year low in March

UK new car registrations fell by 14.3 per cent to 243,479 units in March. Despite manufacturers reporting robust order books during the first quarter, the Society of Motor Manufacturers and Traders (SMMT) shares that ongoing supply chain shortages – especially of semiconductors – continued to squeeze supply during what is normally a busy ‘new plate’ month.

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Related news:

  1. EVs a strongpoint in Covid-stalled UK car market
  2. January car production hits 13-year low
  3. SMMT: New car market recovery squeezed by supply issues
  4. UK September car production hits four-decade low
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