Zero emission vehicles are proven to benefit a broad spectrum of fleet operations and that’s clearer than ever today, with SMMT’s latest data showing the number of new electric and hydrogen trucks joining UK roads more than trebled in 2023 – while uptake in the bus market, specifically for single and double decker buses, is […]
The headlines and airwaves were electric this week as newly published SMMT figures showed Britain’s millionth battery electric car (BEV) joined the road in January – a milestone that’s been more than 20 years in the making, with 1,001,677 registered since 2002. As the latest industry outlook expects BEVs to represent over a fifth of the market […]
As Money Saving Expert encourages consumers to claim for potentially unfair motor vehicle credit arrangements, credit providers could face increased operational pressures, says RSM UK. In January, the Financial Conduct Authority (FCA) announced it was undertaking a review of historic car finance arrangements, and would take regulatory action if widespread misconduct means consumers have lost […]
The average quoted price of van insurance rose by 35.9% last year (the 12 months to December 2023) – the highest annual increase for more than six years, the latest Consumer Intelligence Van Insurance Price Index¹ shows. The only previous higher annual increase in quoted premiums came in the third quarter of 2017, but there […]
As trade talks continue between the UK and countries around the world, from major markets to growing economies, it is essential that automotive is at the heart of negotiations. As an industry built on global trade and, indeed, our role as Britain’s largest goods export sector by value, forming deeper ties with international partners makes […]
The latest industry figures out this week show what a difference a year can make, with UK vehicle manufacturing output topping one million units in 2023, for the first time since 2019. Receding supply chain constraints and unprecedented levels of investment helped put the sector firmly back on track. Record electrified car volumes also helped the […]
Experts from Aston University’s Centre for Business Prosperity say the UK faces being left behind in the electric vehicle (EV) revolution. Researchers have called for urgent policy intervention and a focused effort to ensure the UK’s automotive industry remains a critical pillar of the British economy. The report, Powering the Future: Aligning Economic Policy for […]
As a global player and Britain’s largest exporter by value, UK Automotive thrives from strong trading relationships, reliable supply chains and open trade routes – a fact made stark by recent global events, from the pandemic to the war in Ukraine and the current situation in the Red Sea. Auto businesses are, of course, adapting […]
The average quoted price of car insurance rose by 67.2% in the year to November – the highest annual increase on record, the latest Consumer Intelligence Car Insurance Price Index ¹ shows. This beats the 61% rise in the year to August 2023 and the 34% increase in the year to May 2023 which were […]
Last year’s £20bn investment in UK Automotive’s net zero transition, from Cowley and Coventry to Ellesmere Port and Sunderland, helped reset the narrative for global automotive investment in Britain – and our collective mission in 2024 is to ensure these commitments generate just returns. With markets around the world moving away from internal combustion engines […]
