Best February in quarter of a century for UK van market
The UK new light commercial vehicle (LCV) market grew for the second consecutive month in February, rising by 8.5 per cent to 17,540 units, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). While February is traditionally a volatile month due to small volumes as many operators delay procurements until March and the new number plate, the increase marks the best February performance since 1998, the year before the bi-annual plate change was introduced.