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Mike Hawes

  • Vehicle production drops in first half of year

    Transport & Infrastructure

    British car manufacturers produced considerably fewer vehicles in the first six months of this year, according to fresh figures from the industry’s largest trade group which warned that tariffs and domestic policy decisions were weighing on an already struggling sector. Vehicle production fell by 7.5 per cent between January and July compared to the same [...]

    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Electric vehicle mandate and tariffs put carmakers ‘at risk’

    Casino

    Britain’s ailing car industry could be hollowed out without urgent action to tackle the twin blows of tariffs and the government’s EV mandate, the head of its industry body has warned. Speaking at the SMMT’s annual summit, boss Mike Hawes said that the so-called ZEV mandate – a policy that forces carmakers to sell a [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • UK new car market stalls as weak consumer confidence bites

    Transport and infrastructure

    New car registrations fell by 2.5 per cent in January as weak consumer confidence and a tough economic backdrop delivered a fourth consecutive monthly decline. There were 139,345 new vehicle registrations in January, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). New registrations for both private and fleet buyers [...]

    New vehicle registrations fell 2.5 per cent to 139,345 in January, according to the latest data from the SMMT.
  • Car production falls but sector ‘optimistic about return to growth’

    September 26, 2024

    Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4 per cent lower in August compared to the same month last year. The Society of Motor Manufacturers and Traders (SMMT) said 41,271 new cars left production lines, 3,781 fewer than [...]

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