SMMT

  • JLR_Evoque_web
    Article

    JLR commits to UK supplier base for Evoque

    2018-11-28T11:28:06Z

    Jaguar Land Rover (JLR) has used the launch of its new Range Rover Evoque SUV to confirm its commitment to the supplier base in the UK by awarding more than £4 billion ($5.1 billion) in contracts to support production of the model. The carmaker did not say whether any of ...

  • PETER WARD
    Article

    Stockpiling strategies to survive Brexit

    2018-10-29T15:49:41Z

    The prospect of Brexit in just a few months, deal or no deal, has focused minds on the inevitable consequence of supply chain interruption. The British media have begun to report the likelihood of stockpiling goods and even panic buying of certain products such as pharmaceuticals and food – although ...

  • electric-blue-min
    Article

    BMW and Toyota could leave UK after no-deal Brexit

    2018-10-03T15:52:15Z

    BMW and Toyota have said this week that they could withdraw from the UK if there is disruption to business caused by a no-deal Brexit. Speaking at the start of the Paris Motor Show, BMW’s CEO, Harald Krüger said the carmaker could shift production of the Mini from Oxford to ...

  • JLRManufacturingCastleBrom
    Article

    No-deal Brexit could cost car industry billions

    2018-09-26T11:58:41Z

    While the political debate and negotiations continue, two car plants in the UK plan production changes and the SMMT has warned a no-deal Brexit could add at least £5 billion ($6.6 billion, €5.6 billion) in tariffs for the EU’s automotive industry. Jaguar Land Rover (JLR) said it is making some ...

  • eu-1473958_960_720
    Article

    Brexit’s unaccustomed burdens

    2018-06-27T11:50:56Z

    Nine months before the UK’s planned departure from the European Union, uncertainty over customs arrangements is emerging as one of the major concerns of manufacturers – perhaps just as much, if not more so, than the prospect of tariffs and taxes. The risks and impacts from delays in logistics flows ...

  • SMMT_summit_Hawes
    Article

    SMMT calls for end to Brexit uncertainty

    2018-06-27T10:40:54Z

    The Society of Motor Manufacturers and Traders (SMMT) has joined major manufacturers in calling for the British government to end uncertainty over the UK’s trading relationship with the European Union after Brexit, and to ensure the frictionless flow of parts and vehicles. Speaking at a press conference during the SMMT’s ...

  • Range_Rover_Sport
    Article

    UK vehicle exports to India fall sharply

    2018-02-06T10:07:34Z

    Figures from the Society of Motor Manufacturers and Traders (SMMT) have shown a growing divide between the number of finished vehicles the UK imports from India and the number it exports to the country. According to the SMMT, finished vehicle imports from India into the UK grew by 8.3% in ...

  • Opening_Sunet_container ship
    Article

    The twilight of global trade?

    2017-11-06T14:16:17Z

    If there’s one word that sums up much of the last 20 years in terms of the world’s automotive industry, it’s ‘globalisation’. Driven by rising sales in emerging markets, low-cost country sourcing, and the search for economies of scale, carmakers have invested heavily in building international supply chains of finished ...

  • electric-car-1458836_1920_opt
    Article

    Petrol and diesel ban raises questions over UK’s ability to adapt to electrification

    2017-08-02T12:15:02Z

    Last week’s proposal by the UK government to ban sales of petrol and diesel vehicles by 2040 raises some serious questions over the UK’s ability to adapt to greater electrification, senior industry observers have pointed out. Reacting to the joint announcement by the Department for Environment, Food & Rural ...

  • dig
    Article

    Further stark warnings issued over impact of Brexit on UK automotive sector

    2017-08-02T10:40:37Z

    The UK’s Society of Motor Manufacturers and Traders (SMMT) has warned that a sudden exit from the European Union in 2019 could knock the country’s production rate back to 2016 levels. Its warning was issued in the same week as separate analysis highlighting the risk of cost increases for the ...