Gloomy November for van market
The UK’s new light commercial vehicle (LCV) market fell by -22.2 per cent in November, with 24,352 of the latest vans joining Britain’s roads, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). While the scale of the decline is artificially inflated in comparison with last year, which saw the best November performance in history, the total is the lowest recorded for the month since 2013, and is some -13.9 per cent below the pre-pandemic five-year average.