UK LCV market falls sharply in January
Britain’s new light commercial vehicle (LCV) market fell by -20.5 per cent in the first month of 2025 with 19,050 vans, pick-ups and 4x4s registered, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). A second consecutive monthly decline follows robust growth in 2024, and is set against a tough economic backdrop and weakened business confidence to invest.