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Supply shortages mean May car registrations down by 20 per cent

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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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  2. Record sales of AFVs in February as overall market dips slightly
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‘Robust’ demand for used vehicles set to continue

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“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.

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  1. Registration plate change boosts September car sales
  2. 36th month of growth in car sales
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  4. Record sales of AFVs in February as overall market dips slightly
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Fall in UK March van sales

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SMMT

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.”

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  1. February LCV market fall was “not unexpected” says SMMT
  2. October LCV sales down 7.4%
  3. June LCV sales down nearly six per cent
  4. November light van sales up, despite lockdown
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Dealers optimistic about demand despite current new car issues – NFDA

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NFDA

The National Franchised Dealers Association argues that there is cause for optimism in the new car sector based on strong consumer demand, despite a disappointing 1 per cent increase in new car registrations in 2021. Chief executive Sue Robinson said: “A poll conducted by NFDA revealed that 78.6 per cent of franchised vehicle dealers are optimistic about the level of demand in the year ahead as consumer confidence improves while we move through the pandemic and the electrification of the UK car parc continues apace.

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Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. Record sales of AFVs in February as overall market dips slightly
  3. August car sales up 23 per cent – electric cars account for one in twelve sales
  4. Cautious optimism on car sales from NFDA
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Reduction in plug-in grant to adversely affect EV uptake – NFDA

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The Government has announced a number of changes to the Plug-in Car Grant (PICG), the Plug-in Van Grant (PIVG) and the Plug in Motorcycle Grant (PIMG) rates and eligibility criteria. The new terms apply from 07:00 on Wednesday 15 December 2021. The Government has temporarily suspended the grant portal as we transition to the new rates.

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Biennial MOT testing ‘not the correct solution’ – NFDA NI

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BookMyGarage.com

NFDA Northern Ireland has responded to Northern Ireland’s Department for Infrastructure’s consultation on proposals to carry out MOT tests every two years. Sue Robinson, NFDA NI chief executive said that moving to biennial testing “is not the correct solution to the issues currently facing the NI Testing Scheme.” She said that the solution to current capacity issues should not come “at the expense of road safety.” The proposals were put forward earlier this year with the region’s MOT testing capacity struggling to keep pace with demand.

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May van registration figures ‘clear indicator’ of growing economic confidence

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Commenting on the SMMT’s figures for LCV registrations in May, Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) said: “It is extremely positive to see that light commercial vehicle registrations continued their upward trend with record sales in May, as increased confidence in the sector continues post lockdown.”

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  1. Best May on record for van registrations
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Car registrations ‘incredibly encouraging’ comments Carwow

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Sepi Arani, director of OEM at the UK’s largest new car marketplace and comparison site www.carwow.co.uk, gives his thoughts on the May SMMT car registration figures and the EV takeover: “It’s incredibly encouraging to see new car registrations on the rise and with EV’s taking a 13.8 per cent share of the registrations in 2021 so far, despite the naysayers, EV adoption is happening faster than many give credit for.”

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NFDA welcomes What Car?’s findings on franchised dealers’ trustworthiness

“It is extremely positive that consumers continue to see franchised dealers as the most trustworthy place to buy their next used car; these findings indicate the crucial role that franchised dealers play in the buying process alongside the significant growth of online sales”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle dealers in the UK commenting on the findings published by What Car? today, 26 May 2021.

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Showroom reopenings offer glimmer of hope in April new car registrations

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April saw an artificial 30-fold increase of UK new car registrations compared to the same month last year, but volumes still remained -12.9 per cent lower than the 10-year average at just 141,583 new units, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). This year’s monthly total dwarfed that recorded in April 2020, when the first national lockdown effectively shut the country, and just 4,321 cars were registered.

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  1. 36th month of growth in car sales
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NFDA and SMMT publish updated safe restart guidance

With car showrooms opening today (12 April), The UK automotive retail sector signalled its readiness to get showrooms up and running with the publication of new, updated sector-specific guidance by the National Franchised Dealers Association (NFDA) and Society of Motor Manufacturers and Traders (SMMT) to ensure all premises are safe spaces for employees, customers and other visitors.

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Fleet sales mean March new car sales up 11.5 per cent YOY

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SMMT

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.

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NFDA Dealer Attitude Survey shows improving satisfaction levels

The National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, carries out the Dealer Attitude Survey twice a year. The survey has taken place continuously since 1989. With a total of 2,585 responses from 32 participating dealer networks, the survey received a response rate of 59.5 per cent. “It is positive that despite the significant disruption faced by our industry over the past twelve months, dealers are, on average, fairly satisfied with the relationship with their respective manufacturers”, said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) which represents franchised car and commercial vehicle dealers in the UK, commenting on the results of the NFDA Dealer Attitude Survey winter 2020/2021 published on Monday 15 March 2021.

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Optimistic reactions to January car sales figures

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.”

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UK LCV market finishes year down -20.0 per cent

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SMMT

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.

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  1. October LCV sales down 7.4%
  2. LCV registrations down 11 per cent in November
  3. UK new van market shrinks -86.2 per cent in April
  4. May LCV market declines
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