All the updated news related to society of motor manufacturers and traders

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Car industry suffers weakest March since 1998

The UK’s automotive industry suffered its worst March for new car sales since 1998, according to new figures. Just 243,479 new cars were registered last month, the Society of Motor Manufacturers and Traders (SMMT) said. New car market feels supply ...

05 Apr 2022 at 10:55

Annual car sales forecast lowered by 9% amid semiconductor shortage

The UK car industry has downgraded its forecast for the number of cars it expects to sell this year by 9%. Around 1.72 million new cars will be registered in 2022, according to the Society of Motor Manufacturers and Traders (SMMT). This is down ...

05 May 2022 at 09:25

New car sales down 23% on pre-pandemic levels

Demand for new cars remains significantly below pre-pandemic levels but sales of electric models continue to buck the trend. The Society of Motor Manufacturers and Traders (SMMT) said 115,087 new cars were registered in the UK in January. That ...

04 Feb 2022 at 10:55

Car industry suffers worst June since 1996

The UK automotive industry suffered its worst June for new car sales since 1996. Registrations of new vehicles fell by 24.3% last month compared with June 2021, according to the Society of Motor Manufacturers and Traders (SMMT). Global ...

05 Jul 2022 at 11:42

Car industry suffers second worst May in three decades

The UK’s automotive industry suffered its second weakest May in three decades, figures show. Just 124,394 new cars were registered last month, the Society of Motor Manufacturers and Traders (SMMT) said. That was down 20.6% compared ...

06 Jun 2022 at 12:00

Grants for new electric cars scrapped as funding is ‘refocused’

Grants for new electric cars have been scrapped, the Department for Transport (DfT) has announced. Drivers could previously claim up to £1,500 towards the cost of a plug-in car costing less than £32,000. The automotive industry ...

15 Jun 2022 at 12:11

Fuel prices hit new highs as Government axes £1,500 electric car grant

Fuel prices hit new records as the Government scrapped £1,500 grants for purchases of new electric cars. The average price of a litre of petrol at UK forecourts reached a new high of 185.4p on Monday, according to data firm ...

15 Jun 2022 at 12:11

UK car production sees ‘worst November performance since 1984’

UK car production saw the worst November performance since 1984 last month despite a surge in demand for battery electric vehicles. The Society of Motor Manufacturers and Traders (SMMT) said November UK car production was ...

23 Dec 2021 at 01:33

Energy bills putting drivers off going electric

More than 70% of drivers have been put off owning an electric vehicle (EV) by increases in energy prices, a new survey suggests. An AA poll of more than 12,500 motorists indicated that rising energy bills are the main ...

01 Nov 2022 at 01:01

Drivers ‘risk being priced out of the electric revolution’

Demand for electric cars is at risk of stalling due to a lack of affordable models and high energy prices, new analysis warns. A report by consumer website Electrifying.com stated that there are just seven new ...

09 Sept 2022 at 11:03

New car market stabilises after five months of decline

Five consecutive months of decline in the new car market was halted in August, new figures show. Registrations of new cars increased by 1.2% last month compared with August 2021, according to the Society of ...

05 Sept 2022 at 13:34

Used car market slumped by 8.5% in 2022

Sales of used cars declined by 8.5% in the UK last year, new figures show. The Society of Motor Manufacturers and Traders (SMMT) said just 6.9 million vehicles changed hands in 2022, down from 7.5 million ...

10 Feb 2023 at 06:46

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