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Best first quarter for CV production since 2008 despite March drop

SMMT

British CV production records best Q1 since 2008, rising by 27.4% in first three months, while manufacturing for the UK declines -13.1%. in the first quarter of 2024, the best Q1 performance since 2008, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). to 32,626 units.

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Competitive conditions needed to sustain record EV exports

SMMT

A new Prime Minister and government enter parliament this week and we look forward to working with both to ensure the UK automotive sector remains globally competitive. To maintain this growth, we need action to drive investment into electrified vehicle production and, critically, the supply chain.

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Perpetual Wisdom

Dinesh Mishra

One of the primary trends is the increase in domestic manufacturing capacity, the narrowing technology gap and a wider range of products. with a focus on digitization and smart manufacturing. This includes the adoption of automation, robotics, advanced materials, and digitalization to enhance efficiency and productivity.