According to the latest SMMT report, the new van market has been declining for eight months in a row, reflecting tough economic conditions and weak business confidence.
The Latest SMMT Market Report
The new light commercial vehicle market declined by 5.1% in July 2025, with 24,433 units registered, according to the latest market report published by the SMMT. This represents the eighth consecutive month of decline and the weakest July since 2022, as weak business confidence deters fleet investment and economic conditions remain tough.
Demand declined across most segments in the month, with u...
The Latest SMMT Market Report
The new light commercial vehicle market declined by 5.1% in July 2025, with 24,433 units registered, according to the latest market report published by the SMMT. This represents the eighth consecutive month of decline and the weakest July since 2022, as weak business confidence deters fleet investment and economic conditions remain tough.
Demand declined across most segments in the month, with u...
