SMMT

AcronymDefinition
SMMTSociety of Motor Manufacturers and Traders
SMMTShort Message Mobile Terminated
SMMTStrategic Management and Marketing of Training
SMMTSystem Mechanic Mobile Toolkit
SMMTSequential Matching Memory Test (cognitive science)
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References in periodicals archive ?
SMMT also warned that car manufacturers had spent at least PS330m on planning for a bad Brexit outcome, tieing up money that would have been used for investment in stockpiling, training for new customs procedures and securing new warehouses and other logistics solutions.
The SMMT statistics show the malaise continued into June as demand fell by 4.9 per cent year on year, with 223,421 units being registered.
The SMMT described the performance as "dismal" and added that the shutdowns were just part of the sector's ongoing Brexit contingency plans.
"The shift in shutdown, which cannot now be repeated for a October 31 deadline, was part of a raft of costly and ongoing contingency measures, including stockpiling, rationalisation, training for new customs procedures and rerouting of logistics -- all designed to try to protect business when the UK leaves the customs union and single market," the SMMT said.
Output destined for China collapsed by 72.3 per cent and the EU by 20 per cent, the SMMT revealed.
It said the fall marked the third consecutive decrease, with the SMMT industry body attributing the development to model changeovers and preparations for new and tougher emissions rules.
The warning came as the SMMT announced the first drop in the number of cars made in the UK for eight years.
Moving forward, SMMT and Dawson say they will be working collaboratively to ensure automotive manufacturers are better informed on the best methods for designing and manufacturing components to achieve better performance.
Exports grew by 11 per cent, slightly more than the home market, with the SMMT predicting record levels of production by 2020.
According to SMMT, which acts as the voice of the motor industry, its data for March 2016 showed that 518,707 new cars were registered in the month.
"Achieving these hard fought for results is down to vital investment in the sector, world class engineering and a committed and skilled UK workforce--one of the most productive in the world," commented Mike Hawes, SMMT Chief Executive.