Acute used car shortages to keep prices high for years to come – Motor Trade News

smmt car regs summary graphic june 22

Supply shortages shackle new car market performance

The semiconductor shortage is stifling the new car market even more than last year’s lockdown. Electric vehicle demand continues to be the one bright spot, as more electric cars than ever take to the road, but while this growth is welcome it is not yet enough to offset weak overall volumes, which has huge implications for fleet renewal


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