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You are here: Home1 / News2 / UK News3 / New van market growth stemmed only by supply issues – SMMT

New van market growth stemmed only by supply issues – SMMT

Date: 7th July 2021 Author: Andrew Bogie Comments: 0

The buoyancy of the British van market post-lockdown is demonstrated by the swift rise in new van registrations in 2021. While certain goods and service industries have supported business continuity for van fleets during the pandemic – such as home delivery and mobile vehicle servicing – the rise in new van purchases demonstrates both confidence in the market and demand for newer, more efficient van technologies. This is good news for UK van tyre suppliers, with original equipment sales supported well in the short-term, and continuity of demand for the latest tyre models to suit new van technologies in the replacement stream, notably including electric vans.

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Related news:

  1. UK new van market shrinks -86.2 per cent in April
  2. February LCV market fall was “not unexpected” says SMMT
  3. Moderate light commercial growth in August
  4. UK LCV market finishes year down -20.0 per cent
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Related Tags

light commercial vehicles, Mike Hawes, NFDA, SMMT, van registrations, van tyres, vans

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