Latest news for Society of Motor Manufacturers and Traders SMMT free RSS news feed from the Car News Portal

Scrappage scheme continued to boost car market
(15/02/2010)

The automotive industry is a vital part of the UK economy with £51 billion turnover and £10 billion value added. With over 800,000 jobs dependent on the industry, it accounts for 10% of total UK exports and invests £1 billion each year in R&D. In the last ten years, huge strides have been made to reduce the environmental impact of its products throughout the life cycle. Improvements in production processes mean energy used to produce cars is dow... [more]

SMMT Electric Vehicle Group promotes collaborative approach to the development of ultra-low carbon technologies
(26/06/2009)

A cross-section of the motor industry representing volume manufacturers, niche vehicle producers and component suppliers has met for the first time to form the Society of Motor Manufacturers and Traders’ (SMMT) new Electric Vehicle Group. Seeking to interact with government, stakeholders and industry both in the UK and internationally, the Electric Vehicle Group will promote a collaborative industry-wide approach to the development of ultra-lo... [more]

Scrappage scheme paid by fuel duty bombshell
(23/04/2009)

The AA has welcomed the Chancellor’s plans for a vehicle scrappage scheme whereby the consumer will receive a benefit of £2,000 (£1000 government grant and £1000 from vehicle manufacturers) if they cash in vehicles registered before 31 July 1999, but attacked the unexpected plans to hike fuel duty by 2p per litre in September as a “body blow” and “fuel duty bombshell”. In effect, motorists will be paying for the scrappage scheme at the pumps. ... [more]

2010 British International Motor Show cancelled
(23/03/2009)

The Society of Motor Manufacturers and Traders (SMMT) has taken the difficult decision to cancel the 2010 British International Motor Show. SMMT, with the support of the UK motor industry, remains committed to showcasing the achievements and products of the automotive sector. However, the economic downturn and the unprecedented challenges facing the industry both in the UK and around the world, have made it impossible for exhibitors to commit to ... [more]

Car sales drop while vans and trucks registrations are up
(13/03/2008)

According to the Society of Motor Manufacturers and Traders (SMMT), 69,610 new cars were sold during February, 5.4 per cent down on 2007. "February’s car sales drop was not unexpected, but with consumer confidence still fragile, the Bank of England would have been better advised to cut the interest rate rather than hold at the current level" said Sue Robinson, Director of the RMI National Franchised Dealers Association (NFDA), commenting on c... [more]

Silver and black are most popular colours for cars
(23/10/2007)

Latest figures from the Society of Motor Manufacturers and Traders (SMMT) indicate that research conducted at the end of last year, which predicted that black would replace silver as the most popular car colour, is beginning to come true. The research, which was undertaken among 4,000 UK motorists by insurance provider yesinsurance.co.uk , reveals that 30% of those surveyed said that they would choose black as their preferred colour if they we... [more]

[View more articles on Society of Motor Manufacturers and Traders SMMT]


Other car news

Worst used car sales last year since 2000 - report (AM Online)
2009 was the worst year that the used car industry has seen since 2000, according to Experian.

China passenger car sales up 55 pct in February (AP via Yahoo! News)
China's passenger car sales climbed 55 percent from a year earlier in February, despite a long national holiday, on strong demand for smaller cars and sport utility vehicles, an industry group reported Tuesday.

Car sales finally start to speed up (Western People)
CAR sales in Mayo soared last month, giving the industry a much needed boost. 282 new cars were driven out of forecourts in the county in February, compared to 161 for the same month last year – an increase of 75 per cent.

China passenger car sales up 55 percent in Feb (AP via Yahoo! News)
China's passenger car sales climbed 55 percent from a year earlier in Feburary, despite a long national holiday, on strong demand for smaller cars and sport utility vehicles, an industry group reported Tuesday.

Industry posts 36.6% growth in car sales in first 2 months, highest in 14 years (Manila Bulletin)
Total car sales went up 36.6 percent in the first two months this year, an all-time high year to date growth since 1996 as February sales of 12,573 units brought the year to date sales to 24,336 units versus 17,818 units in the same period last year, the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) reported.

Feb car sales rise 33% y-o-y: Industry (The Economic Times)
Feb car sales rise 33% y-o-y: IndustryFeb car sales rise 33% y-o-y: Industry

Toyota Incentives Trigger Bounce in Industry Sales, According to Edmunds.com (Business Wire via Yahoo! Finance)
SANTA MONICA, Calif.----Edmunds.com, the premier online resource for automotive information, has evaluated early March car sales and determined that so far this month, sales industrywide are stronger than they’ve been in nearly a year.

Businesses driving car sales (GMA News)
Car sales continued to grow in February, largely due to demand for vehicles for business use, industry data released on Tuesday showed.

China passenger car sales up 55 pct in February (San Francisco Chronicle)
China's passenger car sales climbed 55 percent from a year earlier in February, despite a long national holiday, on strong demand for smaller cars and sport utility vehicles, an industry group reported Tuesday. Sales of cars, commercial vehicles and SUVs rose... Sport utility vehicle - Passenger car - China - Commercial vehicle - Business and Economy

Businesses driving car sales (BusinessWorld Online)
CAR SALES continued to grow in February, largely due to demand for vehicles for business use, industry data released yesterday showed.


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