BULLETIN Your monthly news round-up of the Scottish Motor Industry
JUNE 2022
POSSIBLE MOT FREQUENCY CHANGE SMTA RECEIVE REPLY FROM GRANT SHAPPS Further to the announcement last month that transport secretary Grant Shapps suggested relaxing the frequency of MOTs. SMTA's Chief Executive wrote to him raising SMTA's concerns, highlighting that it would have an enormous detrimental effect to jobs and businesses in the motor industry not to mention the inumerous safety implications. In May’s bulletin we published the reply from the Department of Transport and now we can publish the latest correspondence we have received from Grant Shapps.
The approved insurance broker to the Scottish Motor Trade Association
REVEALED: FASTEST SELLING USED CARS IN JUNE DOMINATED BY EVS AS DIESELS DECLINED Electric cars were the fastest used cars to sell on dealers’ forecourts in June, new figures show. Auto Trader data reveals not only was electric the fastest fuel type to sell during the month, but seven out of the top 10 fastest used cars were powered by electricity.
EVs took an average of just 27 days to sell during June, compared to 33 and 35 days for used petrol and diesel cars respectively. The Mini Electric, Tesla Model 3, MG5 and the Hyundai Ioniq 5 all shared June’s top spot, each taking an average of just 24 days to sell, ahead of the current national average of 31 days.
y Auto Trader data reveals fastest and slowest selling used cars in June y EVs flew off forecourts while diesels and some premium petrol-powered used cars suffered y Used cars selling fastest in the Midlands
Read the full article at Car Dealer Magazine
NEW EV CHARGING PLATFORM TO BE PILOTED IN SCOTLAND A new one-card system that allows electric vehicle (EV) drivers to connect to Scotland’s charging network is being piloted next week. ChargePlace Scotland (CPS) has partnered with fuel card provider Paua to provide the roaming solution for EV drivers and fleet
The solution will be trialled at next week’s Great British EV Rally that sets off from John O'Groats to Land’s End. Chris Waldron, head of low carbon consumers at Transport Scotland, said: “We are delighted to have entered this partnership with Paua.
operators – which enables billing and access to multiple Scottish charging networks from Lerwick to Berwick via a single solution.
Read the full article at AM Online
W AGE INCENTIVES FOR EMPLOYING AN APPRENTICE – SCOTTISH COUNCILS LIST Please see link below for a list of council contacts with the relevant funding available. If you’re council is not there, this is most likely due to the fact we haven’t got the latest info from them yet.
2
If you are interested in taking on an apprentice, please contact our Apprentice Training Manager – Fraser Miller on 07789 264229.
DOWNLOAD HERE
SPENDING SQUEEZE INTENSIFIES ON MOTORISTS AS INFLATION HITS 40-YEAR HIGH UK inflation reached a 40-year high of 9.1% as the pricing pressures forcing car buyers to think twice about their next purchase continued to intensify. The Office for National Statistics (ONS) said that the rolling 12-month figure had risen a further 1ppt on April’s 9% figure in data published last week (June 22). Inflation is now at the highest level since March 1982’s 9.1% level and the Bank of England has warned that it could top 11% this year. Record fuel prices are key factor in the rising inflation, with a litre of petrol reaching an average of 189.33p and diesel hitting 197.11p yesterday (June 21). It costs more than £100 to fill the average family car with petrol. But energy and food are also delivering
large increases in cost, with Grant Fitzner, chief economist at the ONS, stating that prices of goods leaving factories rose at their fastest rate in 45 years last month, driven by "widespread food price rises". Chancellor Rishi Sunak said the UK Government was using all the tools at its disposal to bring inflation down and combat rising prices. But Deputy Prime Minister Dominic Raab has said that it is important for employers not to accelerate pay rises in-line with inflation, amid fears that it could fuel the UK’s issues. In an interview on the BBC's Today programme, he said: "We have got to stop making the problem worse by fuelling pay demands that will only see inflation stay higher for longer and that only hurts the poorest the worst." Commenting on today's inflation figures, Close Brothers Motor Finance director of sales Lisa Watson said: “As expected, inflation continues to rise and create further challenges for industries including the automotive sector. With the
cost-of-living soaring and fuel prices at record levels, consumers continue to face pressure from all angles. “The government’s recent scrapping of the electric vehicle grant also limits the options for prospective buyers – even if the high prices seen in the used market are showing some signs of cooling off. “Dealers will need to maximise every option they have to stock forecourts with cars that best meet demand and use all insights and tools available to understand consumer needs in a volatile market. “Responsible lenders will need to continue to be innovative and flexible to meet demand. Now more than ever customers, dealers, and lenders need to be stress testing their finances and preparing for future policy decisions by the Bank of England.”
Read the full article at AM Online
USED CAR PRICES DIPPED AGAIN IN JUNE AS MARKET COOLED DUE TO LOW DEMAND AND SUPPLY Used car values dipped slightly in June but the month was one of the strongest Junes for the past decade.
That’s the latest from Cap HPI. The firm’s head of valuations, Derren Martin, appeared on Car Dealer Live and explained the state of the used car market this month. Values dipped by 0.9 per cent on average at the three-year/60,000-mile mark in June. That’s 0.2 per cent lower than in May but June’s market was stronger than March and April’s which saw falls of 2.1 per cent on average. Martin described the current market as ‘plateaued’ following strong rises in used car prices for most of 2021 and falls in early 2022.
The rising costs of petrol are having a positive effect on prices of used electric cars, too, he said. Prices for some models, such as the MG ZS EV, were up by as much as five per cent in June. Meanwhile, diesels are making a downward movement after seeing strong rises during the height of the Covid pandemic, mostly due to high prices at the pumps in recent weeks.
Read the full article at Car Dealer Magazine
3
UPCOMING EVENTS
ANNUAL DINNER & AWARDS 2022
FEMALES IN FOCUS 2022
Headline Sponsor
Headline Sponsor
Our guest speaker is none other than the incredible Ann Daniels.
Hosted by Women’s Sport Reporter at BBC Scotland, Heather Dewar.
A record-breaking polar explorer and a renowned international speaker, Ann Daniels is the first woman in history, along with expedition teammate Caroline Hamilton, to reach the North and South Poles as part of all women teams.
Heather will host our second Females on Focus with a panel which includes Louise Aitken-Walker, former British rally driver, and Cat Treanor, a Certified Automotive Engineer who now works for Electude UK.
HILTON HOTEL GLASGOW THURSDAY 27TH OCTOBER 2022
GRAND CENTRAL HOTEL, GLASGOW FRIDAY 19TH AUGUST 2022
BOOKING TICKETS
BOOKING TICKETS
Table of 8 – £999 plus VAT Individual Tickets – £130 plus VAT
Table of 8 – £400 plus VAT Individual Tickets – £50 plus VAT
For further details and to book please contact Karen Thompson on:
For further details and to book please contact Karen Thompson on:
07922 079889
07922 079889
karen.thompson@smta.co.uk
karen.thompson@smta.co.uk
SPONSORSHIP OPPORTUNITIES Sponsorship opportunities are available for both events. To find out more please get in touch with Wendy Hennessy
Call 07974 380140 or email wendy.hennessy@smta.co.uk
4
AUGUST MOT FIGURES POST TOWN
SUM OF FORECAST TO EXPIRE
SUM OF EXPIRED TYPICAL
SUM OF CHANGE FROM TYPICAL
CHANGE FROM TYPICAL [%]
ABERDEEN
19093
17352
1741
10.03%
DUMFRIES
5895
5547
348
6.27%
DUNDEE
9905
9087
818
9.00%
EDINBURGH
30543
28276
2267
8.02%
FALKIRK
10562
9429
1133
12.02%
GLASGOW
37279
34908
2371
6.79%
HEBRIDES
1070
1042
28
2.69%
KILMARNOCK
13569
12255
1314
10.72%
KIRKCALDY
14094
12791
1303
10.19%
KIRKWALL
2033
2021
12
0.59%
LERWICK
927
931
-4
-0.43%
MOTHERWELL
12039
10958
1081
9.86%
PAISLEY
11153
10287
866
8.42%
TWEEDDALE
4767
4351
416
9.56%
TOTAL
172929
159235
August 2022 figures courtesy of DVSA (Driver and Vehicle Standards Agency)
TRADE SNIPPETS Hyundai and Kia defy supply shortages to grow European market share by 10% in May Article courtesy of AM Online
Breaking down the battery market
UK EV registrations set to reach major milestone Article courtesy of Smart Transport
Smart EV chargers could usher-in higher electric costs and energy rationing
Article courtesy of Just Auto Article courtesy of AM Online
Growth in value of consumer car finance new business set for major slowdown as purse strings are tightened Article courtesy of CarDealer Magazine
EV and hybrids see “much longer average key-to-key times”, says Activate Group Article courtesy of Motortrader
5
LATEST CAR FIGURES
FUEL TYPE
REGISTRATIONS BY REGION
MAY 2022
YEAR TO DATE Petrol
38,833
Diesel
6,554
Petrol/Electric
8,504
Total Scotland
11,761 530
Grampian
5,135
Electric Diesel/Electric
105
Petrol/LPG
177
=
Summary
1,000
Strathclyde
1,486
3,500
128
6,479 4,632
Volkswagen Kia
7.11%
4,187
7.06%
3,942
6.65%
Toyota
3,256
5.49%
BMW
3,250
5.48%
Peugeot
3,720
4.59%
Mercedes
2,680
4.52%
Hyundai
2,298
10.92%
7.81%
4,216
Audi
214
7,000
3.87%
TOP SELLING
MARQUES YTD 2022 6
Figures courtesy of the SMMT (Scottish Motor Manufacturers and Traders)
1,750
3,500
1,446
Vauxhall Mokka
1,413
Mini Mini Volkswagen Golf
1,021
Kia Sportage
1,004
Kia Niro
Borders
1,606
Ford Puma
Vauxhall Crossland
Lothian
3,295
Vauxhall Corsa
Nissan Qashqai
Fife
Dumfries & Galloway
0
Peugeot 208
Tayside
6.205
59,308
Vauxhall
751 622
611,121 Ford
825
Central
TOTAL UK CAR MARKET:
0
Highlands
992 968 957 896
YEAR TO DATE
TOP 10 CARS
ISSUE
OUT NOW! SMTA AUTO INSIGHT ISSUE 9
009
S IN FOCUS FEMALEspecia l event Join us for this
LE:
OTIVE M&A AUTOM
MEMBER PROFI
Supporte d nals Motor Professio e for Scottish The Magazin
by
by brought to you
READ IT HERE
Incorpor ating
SMTA CONTACTS
MEMBERSHIP ENQUIRIES/ TRADING PARTNERS: Norman Stirling – 07917 095014 Membership Development Manager Marcus Lawrence – 07375 057561 Territory Account Manager, Western Region Stuart Kennedy – 07375 057560 Territory Account Manager, Northern Region
MOT QMS ENQUIRIES
WOULD YOU LIKE YOUR GARAGE TO FEATURE IN SMTA’S MAGAZINE? SMTA produces a quarterly magazine to all our members, if you haven’t got one yet our Territory Account Managers will be visiting your garage soon with a copy for you. If you’d like your garage to feature please contact: karen.thompson@smta.co.uk
DVSA MOT ANNUAL TRAINING & ASSESSMENT 2022/2023 Book your Training & Assessment today - call us 0131 331 5510 or email nicola.thomson@smta.co.uk We’re pleased to advise there’s no price increase for 2022/23 SMTA member price
- £52.00 (plus vat)
David Innes – 07789 264228 Operations Manager, Support Services Colin Meldrum – 07917 042576 Support Services Consultant Gordon Laing – 07799 732124 Support Services Consultant
APPRENTICE TRAINING ENQUIRIES Fraser Miller – 07789 264229 Apprentice Training Manager Kevin Millar – 07593 800386 Kickstart Gateway Project Manager
EMPLOYMENT LAW ENQUIRIES Moira Gaynor – 0141 331 5150 Company Secretary/Finance Manager
SCOTSURE WARRANTY: Lynn Greig – 07597 581335 Scotsure Account Manager, Scotland Claims and Enquiries – 0131 331 5512
EVENTS & MEDIA ENQUIRIES: Karen Thompson – 07922 079889 Events & Media Manager
ADVERTISING/SPONSORSHIP ENQUIRIES: Wendy Hennessy – 07974 380140
Non-member price
- £60.00 (plus vat)
This bulletin is kindly supported by
Scottish Motor Trade Association Ltd., Palmerston House, 10 The Loan, South Queensferry EH30 9NS SMTA Ltd Tel: 0131 331 5510
www.smta.co.uk
SMTA is proud to support:
Disclaimer: Whilst we endeavour to ensure the information in this bulletin is up to date and correct, we make no representations of any kind, express or implied, about the completeness, accuracy, reliability and suitability. Any reliance you place on such information is therefore strictly at your own risk.