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You are here: Home1 / News2 / Product News3 / Supply shortages mean May car registrations down by 20 per cent

Supply shortages mean May car registrations down by 20 per cent

Date: 7th June 2022 Author: Peter Gardner Comments: 0
(Source: SMMT)

New UK car registrations fell -20.6 per cent to 124,394 units in the second weakest May since 1992, after the 2020 pandemic-hit market, as supply shortages continued to hamper new purchases and the fulfilment of existing orders, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline, compared with the first full month of reopened showrooms in May last year, demonstrates the impact of continued global supply chain disruptions, with the market -32.3 per cent below the 2019 pre-pandemic level despite strong order books.

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