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Van Market Shrinks -24.8% in June as Business Begins to Recover Following Lockdown

Van Market June Lockdown
The UK new light commercial vehicle (LCV) market declined -24.8% in June, as lockdown measures eased and businesses began to return to work, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).

Van Market Declines by 24.8%

After a -74.1% fall in registrations in the previous month, this is an improvement but betrays weak demand given the sector was effectively shuttered for nearly three months. However, 30,041 vans and pickups joined British roads in the month, some 10,000 fewer than the previous year, as uncertainty kept operator confidence subd...

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