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Small volume, high value: the multi-billion pound luxury and sports car manufacturers boosting Britain’s exports

SMMT

New SMMT report shows UK’s world-class luxury, high-performance and niche car makers export almost £5bn in high-value products globally every year. To keep success on track, industry calls for supportive global regulatory frameworks that recognise small volume manufacturing challenges. Together they turned over more than £5.5

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Used car market hits five year high as EVs reach record share

SMMT

in the first quarter of 2024 with 1,967,923 units finding new owners – the strongest start to a year since pre-pandemic 2019, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). 3 Superminis remained the most popular vehicle type, with 640,711 changing hands – a 7.2%

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Brits enjoy best ever EV choice with more than a hundred models now available

SMMT

Manufacturer investment and innovation must be matched by other stakeholders as industry calls for fair taxes for a fair transition. 4 BEVs benefit from cheaper servicing too, having fewer moving parts than their combustion engine equivalents, and offer a quiet and responsive drive. 2 So far in 2024, demand for new BEVs is up 10.6%

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North West hosts auto industry leaders to drive EV manufacturing revolution

SMMT

Liverpool hosts SMMT Regional Forum as industry looks to boost British EV production capability on road to net zero. Bosses from some of the UK’s biggest advanced automotive manufacturers and suppliers will today come together for the Society of Motor Manufacturers and Traders (SMMT) Regional Forum, held in Liverpool for the first time.

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UK car production down but electric vehicle output surges to new record

SMMT

Record levels of electrified vehicle production with almost a third of all cars made fully electric or hybrid – worth £10 billion in exports alone. in 2022 to 775,014 units, according to the latest figures issued today by the Society of Motor Manufacturers and Traders (SMMT). As a result, electrified vehicles represent 44.7%

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Chip crisis subdues new car market but EVs now second only to petrol

SMMT

Battery electric vehicles secure best ever monthly market share and become Britain’s second most popular powertrain for the year. DOWNLOAD PRESS RELEASE AND DATA TABLE. increase to reach 128,462 new registrations, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).

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Five minutes with… Martin Tomlinson, Head of Media & Truck Demonstration, Volvo Trucks UK & Ireland

SMMT

Without a doubt, it’s the pressure on manufacturers and operators alike to decarbonise. As a manufacturer, we have invested huge sums in developing a full range of battery electric trucks, and we already have more than 300 such vehicles in service with customer fleets across the UK and Ireland.