The number of commercial vehicles on Britain’s roads has reached the highest level in history, according to the latest annual Motorparc data, published by the SMMT. Some 5,483,319 vans, trucks, buses and coaches were recorded in operation at the end of 2021, a 4.1 per cent increase on the previous year. Working vehicles now comprise 13.5 per cent of the 40,506,971-strong national fleet following a bumper year for van registrations and a return to growth for trucks and buses.
UK light commercial vehicle (LCV) registrations recorded their fifth consecutive month of decline in May, falling -25.1 per cent to 22,000 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Although the fall is amplified in comparison with last year, which saw the highest May registrations total in history, the market was still some -21.5 per cent below the pre-pandemic average as component shortages restricted production and therefore delivery.
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.
“As new car sales continue to be impacted by the ongoing supply constraints, it is encouraging to see that consumer appetite for second-hand vehicles remained robust in the first quarter of the year”, said Sue Robinson, chief executive of the National Franchised Dealers Association (NFDA), commenting on the latest SMMT’s used car figures. The UK’s used car market rose 5.1 per cent in the first quarter of 2022 with 1,774,351 transactions. There were 86,596 more cars changing hands compared to the same period in 2021. Despite this increase, used car transactions remain -12.2 per cent below pre-pandemic levels.
Commenting on the latest UK registration figures for vans, Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), said; “Registrations of light commercial vehicles declined in March as supply constraints and subsequent product shortages continue to have a detrimental impact on the market; these issues are not only affecting automotive, but also other economy sectors, such as the construction industry, whose stability is vital to the van market.”
UK new car registrations fell by 14.3 per cent to 243,479 units in March. Despite manufacturers reporting robust order books during the first quarter, the Society of Motor Manufacturers and Traders (SMMT) shares that ongoing supply chain shortages – especially of semiconductors – continued to squeeze supply during what is normally a busy ‘new plate’ month.
The Society of Motor Manufacturers and Traders (SMMT) has appointed Richard Sadler the new managing director of SMMT Industry Forum. Sadler takes over from Mike Baunton, who returns to the role of chair of the SMMT Industry Forum Board after serving as interim managing director.
UK commercial vehicle production grew 92.2 per cent in the second month of 2022, with 8,278 vans, trucks, taxis, buses and coaches rolling out of British factories. However, the Society of Motor Manufacturers and Traders (SMMT) notes that this result compares with the worst February on record last year, when supply chain shortages, new customs processes and prolonged lockdown measures posed significant challenges to production. Production in February 2022 was still 10.3 per cent lower than the 9,233 units built in pre-pandemic 2019.
UK car production fell 41.3 per cent in February, with the Society of Motor Manufacturers and Traders (SMMT) reporting the manufacture of 61,657 units during the month, 43,351 fewer cars than were made than in February 2021. This reduced output was primarily due to the persistent global shortage of semiconductors causing some factories to pause production, as well as the loss of output following the closure of a major plant in Swindon last summer.
According to figures from the Society of Motor Manufacturers and Traders (SMMT), UK new car registrations rose by 15.0 per cent in February as 58,994 new cars joined Britain’s roads. This rise of 7,682 units was in comparison with the same month in 2021, when the pandemic shut car showrooms across the UK – registrations are down 25.9 per cent on pre-pandemic levels, as vehicle supply remains constrained by semiconductor shortages.
UK car production fell 20.1 per cent in January, to 68,790 units. The Society of Motor Manufacturers and Traders (SMMT) says this is the weakest January total since 2009. Output was down 17,262 units against the same month last year, which itself was one of the worst Januarys on record when volumes were impacted by friction in the new post-Brexit trading arrangements, extended shutdowns and the pandemic.
New registrations of heavy goods vehicle (HGV) rose by 12.9 per cent year-on-year in 2021, reports the Society of Motor Manufacturers and Traders (SMMT). Growth in key industry sectors such as construction saw demand outstrip supply, with truck registrations surging following a locked-down 2020 decline of 32.2 per cent.
The UK new light commercial vehicle (LCV) market fell by -26.9 per cent to 17,566 registrations in the first month of 2022 compared with a bumper January last year, according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT).
The UK automotive sector recorded a positive start to 2022 as 115,087 new cars were registered, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Registrations were up by more than a quarter (27.5 per cent) on January 2021, when lockdown restrictions kept car showrooms shut.
UK commercial vehicle (CV) production grew 11.3 per cent in 2021, following the worst year on record (dating back to 1933), with 73,600 of the latest vans, trucks, taxis, buses and coaches leaving factory lines, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).