The Society of Motor Manufacturers and Traders has announced the first growth month for the UK’s light commercial vehicle (LCV) market since January. There was a 7.1 per cent increase in registrations in July, with 27,701 new LCVs joined Britain’s roads.
UK commercial vehicle production increased 23.9 per cent in June year-on-year, but this was not enough to mitigate first-half contraction in 2020. Figures released today by the Society of Motor Manufacturers and Traders (SMMT) show that 4,144 vans, trucks and buses left production lines last month. The increase appears particularly strong because it follows a particularly weak June 2019, when output fell by more than half due to key model changeovers. Despite this production ramp-up, the first six months of 2020 saw total output decline by -24.8 per cent, on the same period in 2019, due to the pandemic lockdown of global markets.
3,387 new light commercial vehicles were registered in the UK in April, 21,217 fewer than in the same month last year. The Society of Motor Manufacturers and Traders (SMMT) figures show that the market declined -86.2 per cent in the month as nearly all registrations stopped due to coronavirus lockdowns.
The UK new light commercial vehicle (LCV) market rose in August, up 41.0 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The market has grown in every month of 2019, with 23,120 new vehicles registered in August for use on UK roads, as operators respond to regulatory changes and take advantage of some compelling deals on the latest models available in what is usually one of the year’s smallest months.
This year to date, 36,620 new LCVs have been registered, representing a rise of 5.8 per cent on the first two months of 2018.
The new light commercial vehicle (LCV) market dropped -8.8 per cent in December, capping off a mixed year for the sector, which saw a moderate decline of -1.3 per cent in 2018, according to the latest figures from the SMMT.
Fleet inspections carried out by Wheely-Safe have found that 39 per cent of the light commercial vehicles (LCVs) it checked were operating on at least one tyre inflated to dangerous levels, posing potential safety risks and driving up operating costs.
The British light commercial vehicle (LCV) market grew last month according to figures from the Society of Motor Manufacturers and Traders (SMMT). Just over 16,000 new LCVs were registered in the traditionally small month of August, representing a 5.0 per cent increase in demand.
“Will 2019 be the year of the used van?” is one of the key questions being posed at the next meeting of the Vehicle Remarketing Association, taking place on 21 September at Manheim in Bruntingthorpe.
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).
British light commercial vehicle (LCVs) registrations declined in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 35,182 new vans and pickups were registered last month, representing a -5.8 per cent decline on June 2017.
April van sales have helped to drive up year-to-date figures for light commercial registrations. “Light Commercial Vehicle (LCV) registrations increased 3.9 per cent compared to the same period last year for which there were there were no changes in road tax,” said Sue Robinson, director of the National Franchised Dealers Association.
In 2017 the light commercial vehicle market was more resilient than expected with a modest decline of -3.6 per cent on last year. A total of 362,149 units were registered, which equates to only 13,538 vehicles less than the previous year.
SMMT figures show that new light commercial vehicle (LCV) registrations experienced a double-digit decline in November. The market fell -11.1 per cent, with 26,486 new vans and pick-ups registered – the third consecutive monthly fall.
The new light commercial vehicle (LCV) market declined in October, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 24,968 new LCVs joined British roads last month, a -7.4 per cent fall compared with the same month last year.
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