UK New Van Market Drops in November

SMMT-LCV

The UK new light commercial vehicle (LCV) registrations fell -9.6% in November, which represents the third consecutive month of decline, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT).

9.6% Drop-Off in LCV Registrations for November

Market uncertainty and regulatory changes continued to affect performance, with some 2,797 fewer models registered in the month as all van categories and 4x4s experienced sharp declines.

In November, registrations of small vans weighing less than 2.0 tonnes and medium vans weighing 2.0-2.5 tonnes fell by -24.0% and -19.4% respectively. Demand for larger vans weighing 2.5-3.5 tonnes also declined, down -11.4%, and the 4x4 segment fell too, down -12.4%, while pickups were the only category to see growth, up 17.2%. 

However, performance in the year to date is still up, however, rising 1.9%, with an extra 6,451 new LCVs joining UK roads.

About the author

Richard Wilson is the deputy editor for Commercial Tyre Business. Since 2015, Richard has worked as a correspondent for all of the titles across the Valebridge Publications Ltd Group namely: Retreading Business, Tyre & Rubber Recycling, The Tyreman and Truck and Bus News. Richard has worked on/off from the age of 16 for the company and whilst gaining a Bachelor's Degree in Spanish and Business Studies at Coventry University, he developed his writing skills at the University paper and more recently writing his own independent blog.

Contact: richardjwilson@btconnect.com

Phone: (44) 1270 668 718

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