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August van registration swell shadowed by looming semi-conductor shortage

SMMT

Typically a quiet month like the car market, August 2021 was the second-best on record, with 20,582 new van registrations, Society of Motor Manufacturers and Traders figures show. In the year to date the uptake of new vans is up 2.6 per cent on the pre-pandemic five-year average (although down -4.0 per cent on the same period in 2019). Despite a drop in sales in certain sectors of the light commercial vehicle market, vans have largely maintained good figures throughout the Covid-19 pandemic, an effect of booming last-mile delivery and mobile services. Several segments are currently enjoying the market entrance of new zero-emission and specialist models. Despite this buoyancy, the SMMT warned that the semi-conductor shortage is looming over the sector and is already affecting production and throttling new van sales.

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  2. New van market growth stemmed only by supply issues – SMMT
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Supply shortages stunt new van sales but market expected to recover

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The light commercial vehicle (LCV) market saw its first decline since December 2020 as July registrations fell -14.8 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Supply issues – most notably of semiconductors – has meant only 23,606 vans were registered during the month. Despite this challenge, the month’s performance was only a moderate -4.0 per cent decline compared to the pre-pandemic five-year average.

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Related news:

  1. New van market growth stemmed only by supply issues – SMMT
  2. June LCV sales down nearly six per cent
  3. Van market up five per cent in August
  4. UK new van market shrinks -86.2 per cent in April
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New van market growth stemmed only by supply issues – SMMT

SMMT

The buoyancy of the British van market post-lockdown is demonstrated by the swift rise in new van registrations in 2021. While certain goods and service industries have supported business continuity for van fleets during the pandemic – such as home delivery and mobile vehicle servicing – the rise in new van purchases demonstrates both confidence in the market and demand for newer, more efficient van technologies. This is good news for UK van tyre suppliers, with original equipment sales supported well in the short-term, and continuity of demand for the latest tyre models to suit new van technologies in the replacement stream, notably including electric vans.

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Related news:

  1. UK new van market shrinks -86.2 per cent in April
  2. February LCV market fall was “not unexpected” says SMMT
  3. Moderate light commercial growth in August
  4. UK LCV market finishes year down -20.0 per cent
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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
  2. NFDA sees light commercial registrations rise, powered by mid-large vans
  3. February LCV market fall was “not unexpected” says SMMT
  4. Uncertainty and weaker sterling behind LCV registration decline
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Best May on record for van registrations

The light commercial vehicle (LCV) market had another record-setting month, with 29,354 vans registered in May, according to the latest figures from the SMMT. It was the best May performance on record for the LCV market, 4.7 per cent up on pre-pandemic levels as the increasing sector confidence continues beyond lockdowns, when demand for deliveries, e-commerce and essential services first put commercial vehicles to the test.

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New van market records highest-ever April registrations

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The light commercial vehicle market recorded its busiest ever April as 30,440 new vans were registered, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). All vehicle segments saw artificially inflated growth rates relative to April 2020, when Covid restrictions shut down much of the economy, with an eight-fold increase in total units. Registrations were also well ahead of the five-year average, with April 2021 up by 23.2 per cent. With some 127,796 vans registered so far in 2021, uptake levels have returned to levels last seen in 2019.

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Related news:

  1. June LCV sales down nearly six per cent
  2. January UK van registrations rise two per cent
  3. Van market up five per cent in August
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LCV registrations up 22 per cent in February

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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.

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  1. January UK van registrations rise two per cent
  2. UK new van market shrinks -86.2 per cent in April
  3. Small growth in January van registrations
  4. February LCV sales rise 1.8 per cent
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January UK van registrations rise two per cent

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SMMT

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.

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Related news:

  1. June LCV sales down nearly six per cent
  2. UK new van market shrinks -86.2 per cent in April
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  4. Van market shrinks -24.8 per cent in June – SMMT
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Van market shrinks -24.8 per cent in June – SMMT

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SMMT

UK new car registrations fell -34.9 per cent in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0 per cent wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month.

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  1. June LCV sales down nearly six per cent
  2. July new van market ‘steady’ says SMMT
  3. October LCV sales down 7.4%
  4. Slight decline in January LCV sales
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UK new van market shrinks -86.2 per cent in April

SMMT

3,387 new light commercial vehicles were registered in the UK in April, 21,217 fewer than in the same month last year. The Society of Motor Manufacturers and Traders (SMMT) figures show that the market declined -86.2 per cent in the month as nearly all registrations stopped due to coronavirus lockdowns.

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Related news:

  1. Moderate light commercial growth in August
  2. October LCV sales down 7.4%
  3. LCV registrations down 11 per cent in November
  4. February LCV sales rise 1.8 per cent
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UK new van registrations up 2.4 per cent in 2019 as market finishes year on a high

UK new light commercial vehicle (LCV) registrations returned to growth in December, following three months of decline, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). The market grew +7.8 per cent in December as the impact of regulatory changes eased and attractive offers on new models helped stimulate orders with only pickups experiencing a fall in demand.

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Related news:

  1. November a record month for UK van sales
  2. Slight decline in January LCV sales
  3. Van market up five per cent in August
  4. UK new van market shrinks -86.2 per cent in April
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UK new van market grows 4.7 per cent in April as strong start to year continues

Demand for new light commercial vehicles (LCVs) grew in April, up 4.7 per cent, according to the latest figures from Society of Motor Manufacturers and Traders (SMMT). 24,604 vans and pick-ups were registered in the month, with new models and compelling market incentives continuing the strong growth seen in Q1.

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  1. November a record month for UK van sales
  2. Small growth in January van registrations
  3. UK new van registrations up 2.4 per cent in 2019 as market finishes year on a high
  4. Van market shrinks -24.8 per cent in June – SMMT
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LCV market drops 6.1 per cent in September

The British light commercial vehicle (LCV) market contracted last month according to figures from the SMMT. Just under 54,000 new LCVs were registered in the second busiest month of the year to date, a -6.1 per cent decrease in line with the overall trend so far in 2018.

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Van market up five per cent in August

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The British light commercial vehicle (LCV) market grew last month according to figures from the Society of Motor Manufacturers and Traders (SMMT). Just over 16,000 new LCVs were registered in the traditionally small month of August, representing a 5.0 per cent increase in demand.

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Related news:

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