According to the SMMT report, new light commercial vehicle registrations fell by 11.8% in May, marking the sixth consecutive monthly decline. Meanwhile, electric van uptake grew by 50% but remains below-mandated targets, prompting calls for stronger government support for infrastructure.
Van Market Shrinks for Sixth Month Running
The UK’s new light commercial vehicle (LCV) market fell by -11.8% in May, with 22,796 vans, 4x4s and pickups joining the road, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The contraction marks the lowes...
Van Market Shrinks for Sixth Month Running
The UK’s new light commercial vehicle (LCV) market fell by -11.8% in May, with 22,796 vans, 4x4s and pickups joining the road, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). The contraction marks the lowes...
