The new light commercial vehicle (LCV) market dropped -8.8 per cent in December, capping off a mixed year for the sector, which saw a moderate decline of -1.3 per cent in 2018, according to the latest figures from the SMMT.
April van sales have helped to drive up year-to-date figures for light commercial registrations. “Light Commercial Vehicle (LCV) registrations increased 3.9 per cent compared to the same period last year for which there were there were no changes in road tax,” said Sue Robinson, director of the National Franchised Dealers Association.
In 2017 the light commercial vehicle market was more resilient than expected with a modest decline of -3.6 per cent on last year. A total of 362,149 units were registered, which equates to only 13,538 vehicles less than the previous year.
SMMT figures show that new light commercial vehicle (LCV) registrations experienced a double-digit decline in November. The market fell -11.1 per cent, with 26,486 new vans and pick-ups registered – the third consecutive monthly fall.