SMMT- The Society of Motor Manufacturers and Traders
The SMMT is the Society of Motor Manufacturers and Traders and exists to serve and support the interests of the UK automotive industry, both home and abroad. They are recognised as the voice of the motor industry and promote the sector to government, stakeholders and the media.
With around 1.7 million cars and commercial vehicles produced annually, plus around three million engines, the UK automotive industry accounts for 10% of the UK's total exports, employs around 850,000 people and generates a turnover of £51 billion annually.
The SMMT plays a central role ensuring that whether home or abroad, the industry is properly recognised at national and international events and publishes on a monthly, quarterly and annual basis, a wide variety of data, and statistics.
This data includes vehicle registrations (cars,vans, trucks and buses), vehicle production, new car CO2 emissions, industry analysis, vehicle data sales and other forecasting techniques. They also offer advice on new innovation through SMMT Foresight Vehicle, which is the knowledge transfer network for the UK automotive industry.
The SMMT also provides help, support and protection for consumers and business customers alike through the following Codes.
Motor Codes Limited- is a wholly-owned subsidiary of SMMT and is a body responsible for the self-regulation of the motor industry through various consumer codes of practice. They are supported by the government, consumer organisations and the motor industry alike and aim to raise standards and increase consumer protection for all UK motorists. They offer consumers a free consumer advice line, free conciliation and low cost, legally binding arbitration. Their Codes also cover garages, vehicle manufacturers and extended warranty administrators.
The Codes are as follows:
New Car Code
This covers all sales practices, warranties, availability of replacement parts, advertising and complaints handling. The Motor Industry Code of Practice for New Cars should give reassurance to motorists when they're making one of their biggest lifetime purchasing decisions.
Service and Repair Code
The Motor Industry Code of Practice for Service and Repair was set up to ensure garages offer an open, transparent and fair method of business and aims to maintain consistently high standards across the service and repair industry.
Vehicle Warranty Products Code
This code sets new standards for the warranty sector. The Motor Industry Code of Practice for Vehicle Warranty Products covers all pre-sale information, your cancellation rights and protected claims funds.
For further information on Motor Codes Ltd and all the codes of practice please visit their website www.motorindustrycodes.co.uk.
