The UK new light commercial vehicle (LCV) market fell by -26.9 per cent to 17,566 registrations in the first month of 2022 compared with a bumper January last year, according to the latest figures issued by the Society of Motor Manufacturers and Traders (SMMT).
SMMT figures show that the new light commercial vehicle market grew by 85.5 per cent in March with 56,122 vans joining UK roads with the ’21 new number plate. Usually one of the busiest months of the year, March saw the largest-ever increase since the switch to the two plate system in 1999, but one which still represented an -10.9 per cent decrease when compared to the pre-pandemic 2015-2019 average, as prolonged nationwide lockdown continued to suppress business confidence in the first quarter of the year.
The UK new light commercial vehicle market grew by 22.0 per cent in the second month of the year, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). Usually one of the year’s weaker months as many operators wait for the new March number plate, 2021 saw the strongest February since 1998, with 17,205 new models hitting UK roads as demand from the construction sector and online deliveries drove new vehicle uptake.
The UK new light commercial vehicle (LCV) market enjoyed growth in the first month of the year, according to the latest figures from the Society of Motor Manufacturers and Traders. Registrations rose 2.0 per cent in January with 24,029 of the latest, low emission vehicles hitting UK roads as new models and deals drove fleet renewal. Although the fluctuating nature of fleet renewal often impacts the first month of the year in particular, 2021 opened with the highest volume January since 1990, 10.5 per cent ahead of five-year average.
For the first time in many months, there was an increase in registrations of light commercial vehicles, up to 3.5 tonnes, says the National Franchised Dealers Association. Sales of light commercials rose by 7.1 per cent in July with 27,701 units, according to the latest SMMT figures. Much of this is considered to be pent up demand for vehicles that would have been acquired earlier this year. Year to date, the market is down by -39.0 per cent.
3,387 new light commercial vehicles were registered in the UK in April, 21,217 fewer than in the same month last year. The Society of Motor Manufacturers and Traders (SMMT) figures show that the market declined -86.2 per cent in the month as nearly all registrations stopped due to coronavirus lockdowns.
The UK new light commercial vehicle (LCV) market rose in August, up 41.0 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The market has grown in every month of 2019, with 23,120 new vehicles registered in August for use on UK roads, as operators respond to regulatory changes and take advantage of some compelling deals on the latest models available in what is usually one of the year’s smallest months.
SMMT figures show that the UK new light commercial vehicle (LCV) market rose in July, up 11.0 per cent. The market has grown in every month of 2019, with 25,862 new models registered in July for use on UK roads as operators were enticed by the range of new models and attractive offers on the market.
This year to date, 36,620 new LCVs have been registered, representing a rise of 5.8 per cent on the first two months of 2018.
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