COVID AND CHIP SHORTAGE PUT THE BRAKES ON UK NEW CAR MARKET. New car news.
End of year figures from the Society of Motor Manufacturers and Traders (SMMT) show that 1.64 million new cars were registered in 2021 – up just 1.0% on last year. The figures highlight the huge impact of Covid and the semiconductor shortage. Petrol-powered vehicles which include mild hybrids (MHEVs) remain the most popular with 58.3% of [...]