UK new light commercial vehicle (LCV) registrations reached 282,139 units in 2022, a decline of -20.6% on the previous year of strong post-pandemic bounceback, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT).
Despite strong order books throughout 2022, performance continued to be held back by persistent supply chain issues, which have restricted production globally, resulting in limited model availability. As a result, the market was...
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