Last year, new car registrations grew by a marginal 1.0 per cent on a pandemic-ravaged 2020, as 1.65 million new cars entered the UK market. Figures released by the Society of Motor Manufacturers and Traders (SMMT) underline the ongoing impact of Covid and the semiconductor shortage on the industry, with the market down 28.7 per cent on pre-pandemic 2019, representing the second worst year since 1992.
New car registrations grew 1.7 per cent year-on-year in November, bringing an end to four months of consecutive decline, with the Society of Motor Manufacturers and Traders (SMMT) reporting 115,706 units registered. However, this must be viewed in the context of a weak 2020, when lockdowns impacted registrations, including November. Compared to the pre-pandemic average, the market remains down significantly, with 31.3 per cent fewer vehicles registered during the month.
This year the light commercial vehicle (LCV) market recorded the best November in its history, with figures released by the Society of Motor Manufacturers and Traders (SMMT) showing 31,320 new vans registered during the month.
UK commercial vehicle production increased to 7,892 units in October, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). October’s 17.2 per cent growth in output, the highest uplift since June this year, follows a weak October 2020 where operators delayed fleet renewal due to issues relating to the pandemic and uncertainty over a no-deal Brexit.
The Society of Motor Manufacturers & Traders (SMMT) has appointed Alison Jones, Stellantis senior vice-president and country manager UK, as its new president. Jones’ appointment to the role of president, which takes effect 1 January 2022, follows a year-long tenure as vice-president at the SMMT, where she contributed to the organisation’s direction and strategy.
The UK new bus and coach market fell by 19.8 per cent in the third quarter of 2021. The Society of Motor Manufacturers and Traders (SMMT) calls this result “a deeply disappointing decline following a 2020 performance devastated by Covid.”
Registrations of new heavy goods vehicles (HGV) declined 8.4 per cent in the third quarter of 2021. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), the decrease saw 7,715 trucks registered, some 704 fewer than the Q3 2020 total, which itself was volatile due to the effects of the pandemic. It was also down 9.8 per cent on a particularly weak pre-pandemic total in 2019, which saw orders pulled forward into the second quarter of the year ahead of the introduction of new smart tachograph regulations.
New car registrations fell in October for the fourth consecutive month, with the Society of Motor Manufacturers and Traders (SMMT) reporting a 24.6 per cent decline to 106,265 units compared with October last year. The market’s monthly performance was the weakest seen since October 1991; demand from large fleets fell by 40.4 per cent, driving most of the decline. Private demand declined by just 3.3 per cent, but SMMT points out that consumer uptake during the pandemic-affected October 2020 was weak as well.
New plug-in vehicle uptake rates have accelerated so rapidly that the Society of Motor Manufacturers and Traders (SMMT) forecasts more of these joining Britain’s roads in 2021 than during the whole of the last decade. It expects that around 287,000 zero-emission cars will be added to the UK car parc this year, a figure equalling around one-sixth of all new cars. A total of just 271,962 new battery electric and plug-in hybrid vehicles (BEVs & PHEVs) were registered between 2010 and 2019. Furthermore, current forecasts suggest that BEV registrations will exceed those of diesel by the end of 2022.
UK car production fell 41.5 per cent in September, the third consecutive month of decline, with 67,169 cars manufactured – the worst performing September since 1982 – according to the latest figures released this week by the Society of Motor Manufacturers and Traders (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.
Demand for electric cars has continued to surge even during a quiet August ahead of the registration plate change. The Society of Motor Manufacturers and Traders (SMMT) figures show that even as new car registrations fell by -22.0 per cent, demand for battery electric (BEV), hybrid (HEV) and plug-in hybrid (PHEV) vehicles rose 32.2, 45.7 and 72.1 per cent respectively. Overall, the UK new car market is up 20.3 per cent versus Covid-hit 2020, though the pandemic remains a blight on the market due in part to chip shortages.
The UK new bus and coach market grew by 231.1 per cent in the second quarter after a near standstill in 2020, reports the Society of Motor Manufacturers and Traders (SMMT). But although all vehicle types saw double- and even triple-digit increases on 2020, the market remains subdued.
New heavy goods vehicle (HGV) registrations increased by 128.7 per cent in the second quarter of 2021, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The increase saw some 9,493 units registered, up from 5,342 in Covid-impacted 2020. Compared to the pre-pandemic five-year average, however, truck registrations fell 20.1 per cent, as nationwide lockdown and business uncertainty continued to discourage greater investment in new equipment.
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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