chief executive Mike Hawes said: "Any concept that has the potential to radically improve the industry should be celebrated.
chief executive Mike Hawes, said the figures showed that the UK's investment in high-tech manufacturing had paid off.
Overall, production volumes have risen by more than 50 per cent since 2009, the SMMT
Production volumes are up more than 50% since 2009 and "significant" investments are planned, with new models set to hit production lines in the coming months, showing the UK car industry growing on a global scale, said the SMMT
also reported a strong surge in demand for alternatively fuelled vehicles.
WORRIES Van safety concerns have been raised by the SMMT
chief executive Mike Hawes said August 2014 had seen "confident private and fleet consumers continuing to snap up enticing deals on a wealth of advanced new products".
forecasting an overall rise of around 6 percent over the year, the coming months should see some levelling off in growth rates as underlying demand stabilises.
The shortlist, announced by the SMMT
today, will have to present their innovations in front of a judging panel including; Dave Salt, Chief Engineer, GKN Driveline, Jim Higginbotham, Managing Director, Large Corporate and Special Asset Finance, Lombard, John Laughlin, Programme Manager - Low Carbon Vehicles, Technology Strategy Board, Mike Hawes, SMMT
Chief Executive and Robert Lea, Industrial Editor, The Times.
chief executive Paul Everitt said "The January new car market held firm - a welcome sign of stability in uncertain economic times.
Paul Everitt, SMMT
chief executive, says: "Vehicle manufacturers spend millions each year to improve the fuel efficiency of their vehicles to deliver the best deal to motorists.
chief executive Paul Everitt said today: "The increase in new car registrations in November reflects the positive impact of the scrappage scheme, customers avoiding the VAT increase in January and the very difficult conditions we experienced a year ago.