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UK new van market continues to grow

SMMT

Britain’s new light commercial vehicle (LCV) registrations increased by 17.7 per cent in October with 26,342 of the very latest vans, pickups and 4x4s joining Britain’s fleets, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). The growth is some 3.8 per cent above pre-pandemic 2019 levels and rounds off 10 consecutive months of rising demand this year, totalling 284,321 units. This is the highest volume for two years as the easing of supply chain disruptions means that more operators can more readily renew their fleets.

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Related news:

  1. January LCV registrations show encouraging growth
  2. June LCV sales down nearly six per cent
  3. Best February in quarter of a century for UK van market
  4. UK van market continues to grow in August
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Van market up five per cent in August

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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.

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Related news:

  1. UK new van market shrinks -86.2 per cent in April
  2. November a record month for UK van sales
  3. October LCV sales down 7.4%
  4. LCV registrations down 11 per cent in November
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