It feels like the end of summer has arrived here at SMMT, with van registrations for August published this week. The figures once again suggest that the market has stabilised and is settling down to what we suspect will be the “new normal”. The one exception being the pickup sector, which continues to grow at a pace.
While the market is at the strongest levels seen for decades, we are seeing investment begin to slow, with businesses looking for more clarity on future conditions. In a few weeks, I will be attending my biennial meeting with European colleagues and look forward to hearing their take on current developments.
On Tuesday 28 November, we will be holding the SMMT Annual Dinner, always a great night out with industry colleagues. Once again held at the Grosvenor House Hotel, London, this year’s celebrity guest speaker will be the award winning entertainer, comedian and actor Bill Bailey.