Monthly journal Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors since 1989.

New car market declined in May as supply constraints hold back deliveries

Battery electric vehicle uptake increases by 17.7%, representing 12.4% of the month’s registrations, as manufacturers prioritise their supply

Mark Moran
06 June 2022

 

New UK car registrations fell -20.6% 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% below...

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