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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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July car sales fall – SMMT revises outlook

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July’s new car registrations fell by -29.5 per cent to 123,296 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The decline was artificially heightened by comparison with the same month last year, when registrations rose dramatically as showrooms enjoyed a full month’s operation following the first 2020 lockdown.

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Related news:

  1. Fleet sales mean March new car sales up 11.5 per cent YOY
  2. 36th month of growth in car sales
  3. Car registrations ‘incredibly encouraging’ comments Carwow
  4. ‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales
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AFCAR formed to champion independent automotive aftermarket rights

Tim Samuel; Pexels

A coalition of trade associations (including the NTDA) and commercial organisations (including Halfords and Kwik Fit) has been formed to lobby the UK government to uphold “the rights of the independent aftermarket and consumers in the post-Brexit era.” The UK Alliance for the Freedom of Car Repair (AFCAR), which derives its name from the European group of the same name, will primarily lobby on the Motor Vehicle Block Exemption Regulations (MV-BER), Vehicle Type Approval (including access to Repair & Maintenance Information) and Cybersecurity.

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Related news:

  1. AALG outlines post-Brexit lobbying position
  2. Wendy Williamson to become IAAF chief executive
  3. Lord Coe to speak at Automechanika Birmingham Aftermarket Power Network
  4. Garage reopening best-practice issued by GEA, SMMT
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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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SMMT: New car market recovery squeezed by supply issues

Registrations of new cars in June grew 28.0 per cent year-on-year to 186,128, according to the Society of Motor Manufacturers and Traders (SMMT)’s latest figures. The monthly performance was again artificially lifted through comparison with June 2020, when the UK began to emerge from the first pandemic lockdown and showrooms in England opened up at the beginning of the month.

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Related news:

  1. UK new car registrations hit record low in April
  2. HGV & bus/coach registrations plummet more than 70%
  3. 30th consecutive month of growth in UK car registrations – SMMT
  4. UK, European car registrations decline in January
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Full Throttle: SMMT launches strategy for UK automotive industry

The Society of Motor Manufacturers and Traders (SMMT) has launched a new plan to secure the future of Britain’s automotive manufacturing sector. The ‘Full Throttle: Driving UK Automotive Competitiveness’ strategy, commissioned by SMMT and written by Public First, sets out a “series of bold policy proposals” for this coming year and remainder of the decade, covering “all aspects essential to automotive industry competitiveness.”

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Related news:

  1. New models drive rebound in British car manufacturing
  2. SMMT conference to address regulatory and technological challenges in auto manufacturing
  3. UK car production falls -2.1% in January
  4. UK car manufacturing down -99.7% in April
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‘Great relief’ but recovery ‘might be slower’ than expected – analysts on car sales

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Car registration figures may offer some relief for the embattled sector, but analysts have warned the recovery might be slower than first hoped. Andrew Burn, managing director and head of automotive at Interpath Advisory (formerly KPMG Restructuring), said of the May SMMT registration figures: “The latest registration figures will come as great relief to the sector given the tumultuous challenges it is grappling with. The numbers reflect the first full month of showroom openings, with volumes back to circa 2012 levels. The question now is where volumes will settle once we have moved beyond the pandemic and the new norms are established.

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Related news:

  1. SMMT urges government to back new-tech diesel following market decline, uncertainty
  2. Cautious recovery in new car registrations during May
  3. Car registrations ‘incredibly encouraging’ comments Carwow
  4. UK new car market down a third as tentative restart reveals subdued demand
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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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Related news:

  1. 36th month of growth in car sales
  2. Fleet sales mean March new car sales up 11.5 per cent YOY
  3. Best January for new car sales for eight years
  4. Slower August for UK new car market – registrations drop 6.4 per cent
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Cautious recovery in new car registrations during May

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With the year’s first full month of showroom openings, new car registrations in May reached 156,737 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The total represents an almost eightfold increase on the same month last year, but is down -14.7 per cent on pre-pandemic May 2019, and -13.2 per cent on the 10-year May average.

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Related news:

  1. February marks two years of growth in UK car sales
  2. 36th month of growth in car sales
  3. SMMT urges government to back new-tech diesel following market decline, uncertainty
  4. Fleet sales mean March new car sales up 11.5 per cent YOY
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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
  4. First LCV market growth since January
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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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Related news:

  1. 36th month of growth in car sales
  2. Fleets drive August growth in car registrations
  3. Record sales of AFVs in February as overall market dips slightly
  4. Slight fall in August new car sales, but strong showing for electric cars
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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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Related news:

  1. 36th month of growth in car sales
  2. Record sales of AFVs in February as overall market dips slightly
  3. January new car sales down -6.3 per cent
  4. Business welcomes government decision to reopen car dealerships
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March LCV sales up 85.5 per cent, but still below industry expectations

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SMMT

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.

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Related news:

  1. February LCV market fall was “not unexpected” says SMMT
  2. Record number of vans on UK roads
  3. First LCV market growth since January
  4. January UK van registrations rise two per cent
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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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Related news:

  1. Record sales of AFVs in February as overall market dips slightly
  2. 36th month of growth in car sales
  3. Fleets drive August growth in car registrations
  4. Slight fall in August new car sales, but strong showing for electric cars
/by

UK CV production down -45.4 per cent in February

SMMT

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.

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Related news:

  1. Roadlink’s six-figure factory investment
  2. Demand for HGVs falls in Q3
  3. May LCV market declines
  4. UK Commercial Vehicle production rises in November
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