The light van market grew by 8.8 per cent in November, although year-to-date the market remains down -21.5 per cent from 2019’s levels. All van and light commercial segments showed improvement in November except pick-ups and 4x4s. These are primarily purchased by private individuals and self-employed as they are both work and lifestyle vehicles, hence often ordered in showrooms, which were closed throughout the month.
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.
UK new car registrations fell -34.9 per cent in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT) as the market began a tentative restart after more than two months of lockdown. The drop was an improvement on May’s -89.0 per cent wipe-out but, with 145,377 new car registrations, this still represented a significant decline of 78,044 compared with June 2019, as dealerships in Wales and Scotland remained closed for much of the month.
UK new light commercial vehicle (LCV) registrations fell -11.0 per cent in October, the second consecutive monthly decline, according to the latest SMMT figures. Some 3,121 fewer models were registered in the month, as uncertainty and regulatory changes continued to affect the market.
British light commercial vehicle (LCVs) registrations declined in June, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 35,182 new vans and pickups were registered last month, representing a -5.8 per cent decline on June 2017.
The new light commercial vehicle (LCV) market declined in October, according to figures from the Society of Motor Manufacturers and Traders (SMMT). 24,968 new LCVs joined British roads last month, a -7.4 per cent fall compared with the same month last year.
My Car Check Trade added its analysis of the light commercial vehicle market to its car market forecast. Gavin Amos said: “As the country gets back to work after the festive period, LCV sales are expected to pick up sharply over the next few weeks. The weather will play a part but it shouldn’t be long before sales are back to where they were at the start of November. In terms of values, we have eased most back by around 2 per cent this month.
Commenting on the SMMT’s van and truck registration figures for June, Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, said: “June has been a good turning point in the year for the commercial vehicle market, and we have seen a modest improvement in overall sales figures”.