Automotive Marketing Agency Manchester

We have worked alongside companies who manufacture alloy and steel wheels, together with tyre manufacturers such as Pirelli, Continental, Bridgestone.

We also recognise that aftermarket sales can be influenced by the sale of new trucks, coaches and buses. According to the SMMT (Society of Motor Manufacturers & Traders) UK coach and bus registrations fell to their lowest levels by February 2022 due to COVID and low ridership levels.  Light Commercial Goods Vehicle sales were also down by 26.9%. However, the good news was that HGV registrations were up by 12.9% as the UK market gains ground after the pandemic. The SMMT also called for the automotive sector to be the engine of the UK’s future international trade deals after a new report reveals vehicles are the nation’s most valuable exported goods, worth £27 billion. Here’s the SMMT UK Automotive Trade Report for 2021 

Key points of the report include:

Vehicle export revenues reached £27 billion in 2020, making them more valuable to the UK than power-generating machinery and gold, even during a year when the global pandemic disrupted trade flows and shut down markets around the world.

The UK automotive sector as a whole generated a total trade revenue of £74 billion, underlying its monumental importance to international trade, with more than 80% of British-built cars and more than 60% of light commercial vehicles destined for export.

From specialist sports cars and high-end luxury vehicles to mass-market volume cars, from the vans and trucks that sustained supermarkets and broader society to the world renowned British buses and taxis, the UK produces (and exports) it all.

With hopes rising worldwide that the pandemic is now in retreat, the UK’s trade policy must now take advantage of the opportunities from a post-Brexit, post-fossil fuel world to restore growth and jobs with automotive central to this ambition.

According to Just-Auto the UK freight truck market is picking up

The UK’s heavy truck market is picking up, but still running a fifth under pre-pandemic levels.

New heavy goods vehicle (HGV) registrations in the UK increased by 128.7% in the second quarter of 2021, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

The increase saw some 9,493 units registered, up from 5,342 in Covid-impacted 2020. Compared to the pre-pandemic five-year average, however, truck registrations fell 20.1%, as nationwide lockdown and business uncertainty continued to discourage greater investment in new equipment.

Performance for the year to date followed a similar pattern, with 19,557 vehicles registered in 2021 – a 46.6% increase on 2020, but falling short by some 7,907 trucks when compared to 2019, a 28.8% reduction.