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The Latest Breaking News from SMMT

Used electric car sales hit record high as buyers hunt for cheaper EVs

Used EV sales up 32 per cent as more drivers went electric in early 2026 and more affordable battery cars reach the second-hand market

The Independent UK

Electric vehicle sales hit new record as buyers look to cut back on petrol costs

EVs are now cheaper to recharge than a petrol vehicle is to fill up after fuel price increases

The Independent UK

Two million electric cars are now on UK roads – but still missing government EV targets

New car sales bounced back in April as EVs hit a major milestone, while the Renault 5 became Britain’s best-selling electric car

The Independent UK

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UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’

BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMT

The Guardian - UK

Fall in vehicle production last month

EU demand for UK-built cars, rose for a fourth consecutive month, said the SMMT.

Evening Standard

EVs just had their best-ever month in the UK thanks to the fuel crisis — with one Chinese brand winning big

March was the best month ever for EV registrations in the UK — with Jaecoo and BYD breaking records.

TechRadar

Electric car sales hit record high in March while fuel prices surge again

Battery electric car registrations totalled 86,120 in March, a jump of 24.2% compared with the same month last year and a new record high.

Evening Standard

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UK car production falls 17% as industry warns of ‘worrying’ decline

Weak demand and global trade pressures hit ouput, with energy price rises expected to bring further drop

The Guardian - UK

Sadiq Khan may give up armoured car as part of clampdown on SUVs in London

Mayor says he will encourage Met to scale down his official vehicle alongside plans for new charges for big cars

The Guardian - UK

February demand for new cars hit 22-year high

Some 90,100 new cars were registered last month, latest figures suggest.

Evening Standard

New car market up 3.4% in January

The Society of Motor Manufacturers and Traders said 144,127 new cars were registered last month.

Evening Standard

Vehicle production fell 15% last year, report shows

The Society of Motor Manufacturers and Traders said 717,371 cars and 47,344 commercial vehicles left factories in the UK in 2025.

Evening Standard

UK car production slumped by 15.5 per cent in 2025 as industry faced ‘worst year in a generation’

Jaguar Land Rover cyber-attack and Trump tariffs among factors behind dismal year

The Independent UK

UK car sales top 2m in 2025 as Chinese brands boom

Electric car sales rose by nearly a quarter to a record 473,000, or 23.4% of the overall market, says SMMT

The Guardian - UK

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The Independent UK

New car sales grew by 3.5% last year fuelled by surge in demand for EVs

Registrations of pure battery EVs were up 23.9% year-on-year, achieving a market share of 23.4%.

The Independent UK

New car sales hit two million in 2025 with nearly a quarter of buyers going electric

Ford Puma, Kia Sportage and Nissan Qashqai are UK’s best sellers; Tesla tops EV sales

The Independent UK

Electric cars take over a quarter of UK car market in October

Strong EV sales in rising car market, but electric car numbers still falling short of government targets

Evening Standard

New car market grew 0.5% in October

The Society of Motor Manufacturers and Traders said 144,948 new cars were registered over the month.

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MarketBeat

Why Wall Street Is Backing These 3 Comeback Stocks

It's not too late to get in on these potential comeback winners, although investors need to be willing to accept some risk.

Euronews

Cyberattack drives UK car production to 73-year low as tax threat looms

UK factories built 35.9% fewer vehicles in September after major manufacturer JLR was knocked offline by a cyber incident. Now the sector is accusing Westminster of unfairly taxing its own workers, putting Britain’s economy at risk.

Benzinga

What's Going On With Summit Therapeutics Stock On Monday?

Summit Therapeutics Inc. (NASDAQ:SMMT) stock is trading lower on Monday. The company shared progress on its lead drug candidate and third-quarter financial results.

The Independent UK

Government crackdown on car industry perk could drive up used car prices

Employee Car Ownership Schemes set to be targeted by HMRC, but it could hurt industry, government revenue and car buyers

The Independent UK

Electric car sales hit record high in September

Industry body the Society of Motor Manufacturers and Traders (SMMT) said 72,779 pure battery electric new cars were registered last month.

The Independent UK

Fall in number of cars built in the UK as exports dip – trade association

The number of new electric cars leaving factories accounted for 40% of total output.

Benzinga

Summit Therapeutics' Lung Cancer Drug Under Dark Clouds As Keytruda Challenger Shows Regional Data Differences

Summit Therapeutics Inc. (NASDAQ:SMMT), on Sunday, revealed the updated overall survival (OS) results from the global Phase 3 HARMONi trial of ivonescimab at the 2025 World Conference on Lung Cancer (WCLC).

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