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 [...]
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 [...]
Car production falls but sector ‘optimistic about return to growth’ Transport and infrastructure 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 [...]