The British light commercial vehicle (LCV) market contracted last month according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Overall Downward Trend in LCV Sales
Just under 54,000 new LCVs were registered in the second busiest month of the year to date, a -6.1% decrease in line with the overall trend so far in 2018.
Demand for pickups has continued to grow, with registrations up 8.8%, as sales of small and medium-sized vans declined by -42.9% and -14.4% respectively. Meanwhile, although large vans experienced a modest -4.0% decrease, they have retained thei...
Overall Downward Trend in LCV Sales
Just under 54,000 new LCVs were registered in the second busiest month of the year to date, a -6.1% decrease in line with the overall trend so far in 2018.
Demand for pickups has continued to grow, with registrations up 8.8%, as sales of small and medium-sized vans declined by -42.9% and -14.4% respectively. Meanwhile, although large vans experienced a modest -4.0% decrease, they have retained thei...
