Latest news for Society of Motor Manufacturers and Traders SMMT 
Car manufacturers are more realistic on electric vehicles pricing(27/09/2011)
According to figures released by the Society of Motor Manufacturers and Traders (SMMT), just 812 buyers have taken up the Government’s £5000 Plug-In-Car Grant so far this year, suggesting that electric vehicles are still too expensive for most consumer and fleet buyers. “More than a dozen new electric and hybrid vehicles are set to hit the UK market over the next year, but most of them will be decorating showrooms unless manufacturers are more... [more]
Plug-In Car Grant will go ahead from January 2011(06/08/2010)
Transport secretary, Philip Hammond, has confirmed that the ‘Plug-In Car Grant’, designed to stimulate demand for low carbon vehicles, will go ahead from January 2011. Speaking at the Society of Motor Manufacturers and Traders’ (SMMT) offices, Mr Hammond confirmed that from next year, motorists will be entitled to a ‘Plug-In Car Grant’ of up to £5,000 when buying an electric, plug-in hybrid or hydrogen fuel cell car, providing it meets safet... [more]
Trends for buses are downward except for minibuses(29/06/2010)
Big buses registrations have fallen 31% May 2010 versus last year with a sharp fall for double decks. Big coaches registrations are down 31% at May 2010 on a year earlier. However, there was a 7.2% rise in 3.5t to 8.5t buses at May and 18.4 per cent year to date. “Trends for buses are generally downward, except for minibuses,” said Robin Dickeson, manager, commercial vehicle affairs at the SMMT. “Coaches, though down in May are rising on the ... [more]
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]
Other car news
New UK car sales edge higher in January: industry data
Sales of new cars in Britain crept higher in January, official figures showed on Monday, as the market showed encouraging signs of stabilisation.
UK new car sales rise marginally in January
New car sales in the UK rose marginally in January, providing the economy with a much-needed boost as it teeters on the brink of a double-dip recession.
Holden drives national car sales
IMPROVING car sales figures have ended a week of woes for the automotive industry.
New UK car sales edge higher in January: data
Sales of new cars in Britain crept higher in January, official figures showed on Monday, as the market showed encouraging signs of stabilisation.
Research and Markets: China Car Navigation Industry Report, 2011
Research and Markets has announced the addition of the "China Car Navigation Industry Report, 2011" report to
NADA: Economic Conditions Jell for Higher New Car Sales in 2012
LAS VEGAS -- Feb. 4, 2012 -- Sales of small cars, SUVs and other light trucks will lead the way toward what Paul Taylor , chief economist of the National Automobile Dealers Association, predicts is a rebuilding year for the auto industry resulting in 13.945 million new cars and light trucks purchased and leased in 2012.
Switzerland January New Car Sales Rise 15% On Year To 23,386
Switzerland January New Car Sales Rise 15% On Year To 23,386
China Car Navigation Industry Report, 2011
NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: China Car Navigation Industry Report, 2011 http://www.reportlinker.com/p079213/China-Car-Navigation-Industry-Report-2011.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Auto_ElecCar ...
Car industry aiming for Asean single market
THE automotive manufacturing industry roadmap, which was unveiled on Tuesday at the Third Automotive Manufacturing Summit, proposes the transformation of the industry from assembly of completely knocked down units for the domestic consumers to outright manufacturing of vehicles for the local and export markets.
How To Present the Positives of the Auto Rental Industry
Here are five good reasons to show job recruits that the car and truck rental industry offers a promising and dynamic career path.
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