September LCV registrations down

5th October 2017 | 0 Comments
 

Figures from the SMMT show that the new light commercial vehicle (LCV) market declined in September. 57,368 new LCVs were driven off forecourts, a -4.2 per cent fall compared with the same month last year.

Demand for pickups and heavier vans was broadly stable, both experiencing rises of 0.4 per cent and 0.1 per cent respectively. Elsewhere, demand for smaller vans fell, with those weighing 2.0-2.5T down -10.7 per cent. The market for vans under 2.0 tonnes also waned, down -25.5 per cent. Year-to-date, figures show a -3.1 per cent fall overall, with demand for popular heavier vans and those weighing less than 2.0 tonnes playing their part, declining -3.2 per cent and -20.2 per cent respectively.

Mike Hawes, SMMT chief executive, said: “Business confidence has taken a hit recently as economic and political uncertainty continues, so fluctuations in purchasing patterns are to be expected. We must remember that the van market remains at a historically high level but growth will depend on better economic conditions and business confidence, something government must prioritise.”

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