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SMMT Figures Show Market Suffering from Supply shortages, Although Expected to Recover by End of 2021

SMMT Market Supply shortages 2021
The latest figures from the Society of Motor Manufacturers and Traders (SMMT) show a reduction of 23,606 vans on UK roads, indicating the first major drop since December 2020. The light commercial vehicle (LCV) sector however is forecast to increase by 24.3% in 2021 to be just shy of pre-pandemic units on the road.

Figures Drop for First Time Since December 2020, Although Swift Recovery Expected by End of 2021

The SMMT has indicated that the supply issues, most noticeably for semiconductors have resulted in the drop of 23,606 vans between December 2020 – July 2021, with an overall drop of...

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