The UK new light commercial vehicle (LCV) market fell -54.3% in March amid nationwide lockdown measures in response to the coronavirus crisis. According to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT), registrations more than halved compared with March 2019, with just 30,247 vans bearing the new ’20 number plate joining the roads.
COVID-19 Halves UK New Van Registrations
Demand fell in double digits across most segments, with only the small volume 4×4 sector experiencing an 18.4% increase. Pickups and smaller vans weighing less than 2 tonn...
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