about SMMT
The Society of Motor Manufacturers & Traders (SMMT) is one of the UK’s largest, most influential trade associations, representing sectors ranging from R&D and manufacturing of cars, vans, trucks, buses, taxis and trailers; to tech, software, servicing and the supply chain. Our members include large multi-nationals. SMEs and start-ups, and SMMT’s remit is to support, safeguard and champion their businesses and competitiveness, promoting their interest to government, stakeholders and media in the UK and globally.
latest news
Record levels of used EVs changing hands
The used car market is where most motorists buy their next vehicle so, while new figures published this week show activity was essentially flat in the first quarter, down just -0.2%, it is encouraging that EV transactions grew by nearly a third. One in 24 used cars changing hands in Q1 was battery electric – a record market share driven by long-term growth in the new car market where unprecedented manufacturer investment into products and subsidies is driving uptake.
EVs charge up used car market with record sales
Industry investment drives new EV milestone
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SMMT members are part of a powerful, united voice that is recognised and respected by policy makers in the UK, EU and beyond. They benefit from influential advocacy, the ability to inform policy and regulation, access to export advice and market-leading data and intelligence, as well as extensive business development and networking opportunities globally.
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