Mercedes-Benz Sprinter, Nov 2020Mercedes-Benz Sprinter, Nov 2020


LCVs suffer fifth consecutive monthly fall in sales as squeeze on supply continues

  • New LCV registrations fall to 22,000 – down 25.1 per cent on record-breaking May 2021
  • 39,209 fewer vans registered year to date as shortages of key components continue to restrict production
  • Electric van registrations up 62.7 per cent to 6,085 units in first five months of 2022

Time 11:29 am, June 6, 2022

May saw LCV sales drop by just over a quarter to exactly 22,000 – their fifth consecutive month of decline, according to figures released this morning (Jun 6) by the SMMT.

The industry body said they were down by 25.1 per cent versus May 2021, but although last May saw the highest recorded May registrations at 29,354, the market was still some 21.5 per cent below the five-year pre-pandemic average of 28,041.

Component shortages restricting production and therefore delivery were to blame, said the SMMT, with 39,209 fewer vans registered to date in 2022.

All segments saw a drop in volumes during the month, although larger vans weighing more than 2.5 tonnes were less affected, with a decline of 19.4 per cent.

Sales of medium vans weighing 2.0 to 2.5 tonnes dropped by 33.4 per cent, but the largest fall was in the low-volume 4×4 sector – a whopping 80.7 per cent decline.

Some 869 battery-electric vans (BEV) were registered in the month – 276 more than last May – making BEV registrations for the year to date 62.7 per cent higher than last year at 6,085, caused in part by significant large fleet orders delivered earlier in the year.

As a result, said the SMMT, overall BEV market share has more than doubled to 5.2 per cent over the year to date – testament, it said, to the growing choice provided by manufacturers, with one in three models now available as a plug-in.

Electric vans comprise one in 20 new registrations and account for around one in 180 in use.

SMMT chief executive Mike Hawes said: ‘Global supply chain shortages continue to hold back the market following last May’s post-pandemic bounce back.

‘Manufacturers have, however, worked hard to get the latest zero-emission vans to customers, more than doubling their market share.

‘However, this is still an emerging market and everything must be done to encourage drivers to switch to zero-emission commercial vehicles if we are to achieve our net zero goals.

‘The industry will tackle the supply chain challenges undermining delivery, but we urgently need a van plan to address the paucity of dedicated commercial vehicle infrastructure, as well as incentives to boost the sector’s electric transition.’

The Ford Transit Custom was the month’s top seller at 3,244 units, followed by its Transit stablemate at 2,851 and the Mercedes-Benz Sprinter, pictured, at 1,256.

May 2022 LCV best sellers

Source: SMMT

John Bowman's avatar

John has been with Car Dealer since 2013 after spending 25 years in the newspaper industry as a reporter then a sub-editor/assistant chief sub-editor on regional and national titles. John is chief sub-editor in the editorial department, working on Car Dealer, as well as handling social media.

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