UK Van Market Finishes 2019 Strongly

SMMT-Vans

UK new light commercial vehicle (LCV) registrations returned to growth in December, following three months of decline, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). The market grew +7.8% in December as the impact of regulatory changes eased and attractive offers on new models helped stimulate orders with only pickups experiencing a fall in demand.

LCV Market Sees 7.8% Growth in December

December rounded off a solid annual performance for LCVs, with full year registrations up +2.4% as 365,778 new models hit UK roads. This was the third highest total on record, with growth coming despite political and economic uncertainty for much of the year, and reflecting buyers keen to switch to the latest low emission models to comply with clean air zone requirements and meet demand brought about by the rise of online shopping and corresponding deliveries.

All van segments saw growth during 2019, with small vans weighing less than 2.0 tonnes up +4.4%, medium vans weighing 2.0-2.5 tonnes up +10.5% and larger vans weighing 2.5-3.5 tonnes up +1.2%. Demand for new pickups and 4x4s, however, fell, down -1.0% and -9.7% respectively but the combined loss represented just 733 units.

Mike Hawes, SMMT Chief Executive, said, "A healthy van market is good news for the industry, environment and exchequer and so the rise in 2019 registrations is very welcome. As we enter a new decade, however, we need this upward trend to continue if we are to address environmental concerns."

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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