The Society of Motor Manufacturers and Traders (SMMT) has been in the news due to its involvement in promoting the interests of the UK automotive industry, particularly in relation to electric vehicles. Recent reports have highlighted fluctuations in electric car sales in the UK and the impact of government decisions on the market. Additionally, the SMMT has been advocating for a delay in post-Brexit trade rules to prevent a significant price increase for electric vehicles due to potential tariffs between the UK and EU.
The Society of Motor Manufacturers and Traders (SMMT) is the trade association for the UK motor industry, representing vehicle manufacturers and traders. Established in 1902, its primary role is to support and promote the interests of the automotive sector in the UK, both domestically and internationally. The SMMT works to address key industry challenges, provide market insights, and advocate for policies that benefit the automotive industry. With a focus on innovation and sustainability, the SMMT plays a crucial role in shaping the future of the UK automotive sector.