Motor Trade Insurance
Menu

Sale Of New Vans Continue To Fall

June 13, 2022 by mti

If you are involved in the sale of new vans then you may have found once again that the number of such vehicles registered by you on behalf of customers have fallen once again according to figures published by the Society of Motor Manufacturers and Traders (SMMT) for the month of May 2022 when compared to the same month last year.

Here in the UK, in May 2022 there were 22,000 new vans sold in the up to 3.5 tonnes category compared to 29,354 in May 2021. That is a drop of 25.1% – a significant figure.

Here in the UK, on a year to date basis to May 2022 there were 117,941 new vans sold in the up to 3.5 tonnes category compared to 157,150 for the same period to May 2021. That is a fall of 25.0% – again a significant reduction.

One of the reasons for the drop in sales was due to the shortage of components that has been going on for quite some time.

The top selling 3 new vans in May 2022 in the UK were: –

  1. Ford Transit Custom                           3,244
  2. Ford Transit                                        2,851
  3. Mercedes-Benz Sprinter                      1,256

Those of you involved in the sale of new vans will no doubt be hoping for a turn around in fortunes in the coming months.

Whilst writing, we thought you may also be interested to read that the number of new cars sold in the UK in May 2022 also dropped according to figures published by the SMMT. In May 2022 there were 124,394 new cars sold compared to 156,737 in May 2021 – a drop of 20.6%. On a year to date basis to May 2022 there were 661,121 new cars sold compared to 723,845 for the same period to May 2021 – a drop of 8.7%. One of the reasons for the problem is due to the shortage of components. Again, motor traders involved in selling new cars will be hoping for an improvement in the coming months.


No Comments »

No comments yet.

Leave a comment

Mailing List

To get the latest news and offers from MTI, enter your email below.

Subscribe to the Mailing List
FacebookTwitterGoogle PlusLinked In