SMMT

organization

Last mentioned: Mar 5, 2026

Stories mentioning SMMT 2

markets Bullish

UK New Car Market Surges to 22-Year High in February as Fleet Demand Peaks

The UK automotive sector recorded its strongest February performance in over two decades, driven by a massive influx of fleet orders and stabilizing supply chains. This record-breaking demand comes despite high interest rates, signaling a robust corporate appetite for vehicle renewal and electrification.

8 sources
market-trends Bullish

UK New Car Market Surges to 22-Year High in February

The UK automotive sector recorded its strongest February performance since 2004, signaling a robust recovery in supply chains and sustained corporate demand. This surge comes immediately ahead of the critical March plate-change month, suggesting a potential record-breaking first quarter for the industry.

8 sources