
In April, new passenger car registrations in the UK decreased by 15.8% year-over-year to 119,167, dragging down the year-to-date result by 5.4% to 536,727.
According to the Society of Motor Manufacturers and Traders (SMMT), the are now many challenges affecting the automotive industry, including global supply chain shortages, of which semiconductors are the most notable. Because of that, the SMMT has revised down its outlook for 2022.