Latest news for Society of Motor Manufacturers and Traders 
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]
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]
Small Volkswagen cars in high demand(26/11/2008)
The Society of Motor Manufacturers and Traders’ September figures showed that despite an overall downturn in new vehicle registrations of 22 per cent, small vehicles saw an increase in registrations of 23 per cent. Findsyou.com has reported that demand for small VW’s now accounts for 32% of all cars being requested through its service. The information from FindsYou.com shows that although car buyers are downsizing to smaller and more economica... [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
Car sales skyrocket by 10%
New vehicle sales grew in the first quarter of 2012, but at a slower rate than the same period last year, the National Association of Automobile Manufacturers of SA (Naamsa) said on Tuesday.
New car finance sales increase by a third in March
New car finance sales were up 33% by value and 22% by volume in March compared with March last year, according to the latest figures from the Finance & Leasing Association, the trade body for the motor finance industry.
Auto sales buoy economy
Car sales that are running at the fastest pace in four years are poised to reverberate through the world's largest economy as a spillover into production, profits and jobs for Americans may be starting.
India auto sales up 3.4% in April: industry body
Car sales in India rose just 3.4 percent year on year in April, data from an industry body showed Thursday, after the government hiked taxes on vehicles and car makers raised prices.
Car sales grew only 3.40 percent in April
Domestic passenger car sales in India increased by only 3.40 percent in April and stood at 168,351 units from 162,813 units sold in the like period of 2011, according to data furnished by an industry body Thursday.
April car sales up 3.4 pct y/y
NEW DELHI (Reuters) - Car sales in India rose an annual 3.4 percent in April, according to data from an industry body, a sixth consecutive monthly increase but lower than in recent months after the country ...
April car sales rise 3.4 pct y/y
NEW DELHI (Reuters) - Car sales in India rose an annual 3.4 percent in April, according to data from an industry body, a sixth consecutive monthly increase but lower than in recent months after the country ...
Car dealers defy downturn with growing sales
(Reuters) - Britons came out in force to buy new cars in the first quarter, according to figures from top dealers, the latest signal that the car sales are resilient in the face of a return to recession for the broader economy. UK industry leader Pendragon Plc, whose 250-plus retail outlets trade as Stratstone, Evans Halshaw and Chatfields -- reported a 15.7 percent increase in new car market ...
Budget buyers to boost China car sales: Ford exec
Automakers will race to appeal to budget-conscious Chinese car buyers as the industry expands beyond the wealthy coastal cities in the east, Ford Motor Co's Asia chief said on Tuesday. As they expand more ...
Automotive Accessories Startup mAuto Store Announces Thousands of Car Sun Shades Sold After Launch
AVENTURA, Fla., May 17, 2012 /PRNewswire/ -- The automotive accessories startup has registered record sales of car sun shades in less than a month. Several customers are sending in their own product photos ...
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