New van market declines -5.9 per cent in July

The UK new light commercial vehicle (LCV) market declined -5.9 per cent in July, with 23,309 vans and pick-ups registered, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

While pick-ups enjoyed a particularly popular month, with a 13.9 per cent uplift in registrations, demand for small, medium and large vans fell by -2.8 per cent, -28.0 per cent and -3.8 per cent respectively. Year-to-date registrations are down -2.7 per cent, with 204,005 new LCVs joining British roads since January, a result of fluctuating fleet buying cycles coupled with ongoing low business confidence.