Van registrations dip in July as component shortage continues


 

Van registrations fell by nearly 15% in July as ongoing supply problems relating to semiconductors meant only 23,606 LCVs were registered. Despite this, the month’s performance was only a 4% reduction compared to the pre-pandemic five-year average, according to the SMM. Large vans weighing more than 3.5-tonnes saw a decrease of 5.2% to 16,653 vehicles, with those weighing two tonnes and less seeing a much greater decline of 38.2%. Those between two and two and a half tonnes were down […]