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Van sales fell for the first time since December 2020 with registrations down by 14.8% according to figures from the Society of Motor Manufacturers... Supply issues hit van sales

Van sales fell for the first time since December 2020 with registrations down by 14.8%, according to 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 a “moderate” 4% decline compared to the pre-pandemic five-year average, says the SMMT.

Demand for larger vans weighing more than 2.5-3.5 tonnes, which comprise the majority (70.5%) of all commercial registrations in the month, saw a decrease of 5.2% to 16,653 vehicles. Other van segments saw more significant declines in demand compared to 2020, with registrations of vans weighing less than or equal to 2.0 tonnes down 38.2% and those of vans weighing more than 2.0-2.5 tonnes down 41.4% to 907 and 2,680 vehicles respectively.

However, year-to-date registrations remain up 57.5% on last year – some 78,542 more units – with the market also increasing by 1.1% on the pre-pandemic 2015-2019 five-year average. 

In total 215,119 new vans have exchanged hands so far in 2021. The SMMT says the increase in sales over the course of the year has been driven by growth in demand from operators who continue to renew and expand their fleets, notably to meet rising demand for online delivery business and the construction sector.

Mike Hawes, SMMT chief executive, said: “While July’s decline in the new van market is disappointing, it must be viewed in context against the semiconductor shortages currently challenging the global industry. 

“Given the shift to home-deliveries and the strength of the construction sector, and as the economy opens up further, we expect the market to end the year almost back to 2019 levels. Fleet renewal is critical, not only to ensure the newest, cleanest and greenest vans enter UK roads, but to enable the UK to meet its ambitious green targets.”