SMMT figures show that the new light commercial vehicle market grew by 85.5 per cent in March with 56,122 vans joining UK roads with the ’21 new number plate. Usually one of the busiest months of the year, March saw the largest-ever increase since the switch to the two plate system in 1999, but one which still represented an -10.9 per cent decrease when compared to the pre-pandemic 2015-2019 average, as prolonged nationwide lockdown continued to suppress business confidence in the first quarter of the year.
The car registration data from the Society of Motor Manufacturers and Traders (SMMT) for the month of March shows that the UK new car market recorded its first ‘growth’ since August 2020, with 29,280 more units registered during March compared to the same month last year. However, the month represents the anniversary of the first lockdown in March 2020, when the pandemic brought Britain to a standstill and registrations fell by -44.4 per cent.
UK commercial vehicle (CV) production declined -45.4 per cent in February, with 4,308 units built, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). CV manufacturing entered its fifth consecutive month of decline as supply chain shortages, new customs processes and prolonged lockdown measures across the globe affected output, resulting in the worst February on record.
The UK new light commercial vehicle market grew by 22.0 per cent in the second month of the year, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Usually one of the year’s weaker months as many operators wait for the new March number plate, 2021 saw the strongest February since 1998, with 17,205 new models hitting UK roads as demand from the construction sector and online deliveries drove new vehicle uptake.
The UK new car market declined by -35.5 per cent in February as 28,282 fewer units were registered during a traditionally weak month for new vehicle uptake, according to figures from the Society of Motor Manufacturers and Traders (SMMT). The industry recorded its lowest February uptake since 1959, with 51,312 new cars registered.
According to figures from the Society of Motor Manufacturers and Traders (SMMT), UK car production fell 27.3 per cent year-on-year in January to 86,052 units. This is the worst January performance since 2009, when UK factories made just 61,404 cars, and the drop of 32,262 units represents the 17th consecutive month of decline. The SMMT attributes January’s weak output to multiple factors, including the ongoing effects of the pandemic, global supply chain issues, extended shutdowns and friction in the new trading arrangements following the end of the Brexit transition period.
According to the SMMT, in the last year, sales of pure electric vehicles (EVs) have risen by 185.9 per cent and, as of September 2020, more than 164,100 EVs are on the road. EV registrations have been growing every year since 2013, which means that it’s now not uncommon for an EV to be entering the workshop, so technicians need to be prepared for these complex vehicles. To accommodate this growing sector and to ensure that they are able to fit the parts with confidence from a reputable supplier, repairers can rest assured that First Line Ltd supplies an extensive range for EV components and has done for years.
The UK new light commercial vehicle (LCV) market enjoyed growth in the first month of the year, according to the latest figures from the Society of Motor Manufacturers and Traders. Registrations rose 2.0 per cent in January with 24,029 of the latest, low emission vehicles hitting UK roads as new models and deals drove fleet renewal. Although the fluctuating nature of fleet renewal often impacts the first month of the year in particular, 2021 opened with the highest volume January since 1990, 10.5 per cent ahead of five-year average.
Despite the gloomy January figures, there are signs of optimism in the UK car industry. Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, said that the steep fall in sales was expected as a result of the January lockdown, but she went on: “Retailers are optimistic about the year ahead, provided that dealerships will be allowed to reopen as soon as it is safe to do so.”
January proved to be a traumatic month for new car sales in the UK, as the market fell -39.5 per cent in the month with 59,030 fewer registrations compared to January last year, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). Just 90,249 cars were registered as showrooms across the country remained shut, leading to the worst start to the year since 1970.
Figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that UK new light commercial vehicle (LCV) registrations ended 2020 down -20.0 per cent, with the van market rounding off the year in decline following three months of growth. 292,657 vehicles were registered in 2020, as the impact of Covid and uncertainty over the future relationship with the EU brought down demand toward the end of the year, with registrations in the final month of the year dropping -1.0 per cent, albeit with volumes consistent with previous Decembers.
The UK new car market fell by 29.4 per cent in 2020, with annual registrations dropping to 1,631,064 units, according to figures published by the Society of Motor Manufacturers and Traders (SMMT) today 6 January 2021. A -10.9 per cent decline in December topped off a turbulent year, which saw demand fall by 680,076 units to a near 30-year low (specifically, the lowest level of registrations since 1992).
The reactions to November’s UK car registration figures, which fell by 27.4 per cent year-on-year according to the SMMT, varied in tone; some were optimistic, others were worried about whether or not the industry could cope with the brought-forward target of 2030 for phasing out of sales of new petrol and diesel cars. And of course there was the uncertainty of whether a Trade Deal could be negotiated with the EU and of the effects of Brexit on the automotive industry, not to mention the effect on the automotive business of the pandemic.
The light van market grew by 8.8 per cent in November, although year-to-date the market remains down -21.5 per cent from 2019’s levels. All van and light commercial segments showed improvement in November except pick-ups and 4x4s. These are primarily purchased by private individuals and self-employed as they are both work and lifestyle vehicles, hence often ordered in showrooms, which were closed throughout the month.
The UK new car market demand fell 27.4 per cent year-on-year, or 42,840 units, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). With sales hit by the UK’s second lockdown, the industry recorded 113,781 new registrations, taking trade back to levels last seen during the 2008 recession.