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Supply shortages stunt new van sales but market expected to recover

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The light commercial vehicle (LCV) market saw its first decline since December 2020 as July registrations fell -14.8 per cent, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Supply issues – most notably of semiconductors – has meant only 23,606 vans were registered during the month. Despite this challenge, the month’s performance was only a moderate -4.0 per cent decline compared to the pre-pandemic five-year average.

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Related news:

  1. New van market growth stemmed only by supply issues – SMMT
  2. June LCV sales down nearly six per cent
  3. Van market up five per cent in August
  4. UK new van market shrinks -86.2 per cent in April
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New van market growth stemmed only by supply issues – SMMT

SMMT

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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May van registration figures ‘clear indicator’ of growing economic confidence

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Commenting on the SMMT’s figures for LCV registrations in May, Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA) said: “It is extremely positive to see that light commercial vehicle registrations continued their upward trend with record sales in May, as increased confidence in the sector continues post lockdown.”

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Related news:

  1. Best May on record for van registrations
  2. NFDA sees light commercial registrations rise, powered by mid-large vans
  3. February LCV market fall was “not unexpected” says SMMT
  4. Uncertainty and weaker sterling behind LCV registration decline
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Best May on record for van registrations

The light commercial vehicle (LCV) market had another record-setting month, with 29,354 vans registered in May, according to the latest figures from the SMMT. It was the best May performance on record for the LCV market, 4.7 per cent up on pre-pandemic levels as the increasing sector confidence continues beyond lockdowns, when demand for deliveries, e-commerce and essential services first put commercial vehicles to the test.

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  2. Bridgestone to supply Blizzak W810 winter tyre to Ocado van fleet year-round
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Euro Car Parts trials EVs on Isle of Wight

LKQ Euro Car Parts has launched an electric vehicle (EV) trial on the Isle of Wight. The trial will see an electric Vauxhall Vivaro and an electric Renault Kangoo join the island’s fleet for six months, with two charge points installed to power them. The Isle of Wight was chosen for the trial following a review of LKQ Euro Car Parts’ national fleet, taking into account charge point infrastructure, to identify branches with vans whose typical mileage is suited to the range and capability of an EV.

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March LCV sales up 85.5 per cent, but still below industry expectations

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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.

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Related news:

  1. February LCV market fall was “not unexpected” says SMMT
  2. Record number of vans on UK roads
  3. First LCV market growth since January
  4. January UK van registrations rise two per cent
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UK LCV market finishes year down -20.0 per cent

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SMMT

Figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that UK new light commercial vehicle (LCV) registrations ended 2020 down -20.0 per cent, with the van market rounding off the year in decline following three months of growth. 292,657 vehicles were registered in 2020, as the impact of Covid and uncertainty over the future relationship with the EU brought down demand toward the end of the year, with registrations in the final month of the year dropping -1.0 per cent, albeit with volumes consistent with previous Decembers.

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Related news:

  1. October LCV sales down 7.4%
  2. LCV registrations down 11 per cent in November
  3. UK new van market shrinks -86.2 per cent in April
  4. May LCV market declines
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It’s an ill wind…

Much has been written about the economic effects of the Covid-19 pandemic and the subsequent lockdown and it is fair to say that, in general, these effects are perceived as negative. However, not everyone are wringing their hands and moaning about how awful it all is – auction houses have been reporting a strong market in used vans during the month of September, with demand exceeding supply, thus pushing up used van values past last year’s levels.

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Related news:

  1. NAMA AGM auction for BEN is a record breaker
  2. NAMA AGM raises £14,150 for BEN
  3. NAMA market attitude survey optimistic about van market
  4. Motor auctions see rising volumes with prices remaining high
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First LCV market growth since January

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SMMT

The Society of Motor Manufacturers and Traders has announced the first growth month for the UK’s light commercial vehicle (LCV) market since January. There was a 7.1 per cent increase in registrations in July, with 27,701 new LCVs joined Britain’s roads.

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Related news:

  1. Record number of vans on UK roads
  2. June LCV sales down nearly six per cent
  3. Van market up five per cent in August
  4. UK new van market holds steady after mixed 2018
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Vans are a bright spot in Europe’s automotive downturn: GlobalData

Mercedes-Benz

Light commercial vehicles (LCVs) including vans are an often overlooked, but important, component of the European light vehicle market, particularly in the current coronavirus crisis, says GlobalData. Calum MacRae, automotive analyst at the company, says: “As online delivery becomes more important to our everyday lives and as we shelter indoors from the coronavirus, the importance of the LCV typified by light vans such as the Ford Transit is self-evident.”

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  1. Ford, Volkswagen Alliance targets win-win in vans, medium pickup trucks – Frost & Sullivan
  2. Shutdowns to cost European auto industry £29bn – GlobalData
  3. Goodyear’s sentiments slide in Q4 2019 due to challenging environment – GlobalData
  4. European light vehicle market forecast to see 80 per cent fall in April – GlobalData
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Electric vehicles, vans dominate April’s vehicle market

Mercedes-Benz

Dismal new car registration figures in April conceal a milestone for the UK motoring public – for the first time ever, an all-electric model topped the passenger vehicle sales charts. But when it comes to overall new registrations, top of the heap during the month was a van.

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Related news:

  1. August car sales up 23 per cent – electric cars account for one in twelve sales
  2. SMMT calls for new zero-emission measures
  3. Tesla resilience will continue to confound COVID-19 crisis – GlobalData
  4. May LCV market declines
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UK new van market shrinks -86.2 per cent in April

SMMT

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.

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Related news:

  1. Moderate light commercial growth in August
  2. October LCV sales down 7.4%
  3. LCV registrations down 11 per cent in November
  4. February LCV sales rise 1.8 per cent
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30+ vans stolen every day

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Four-in-10 of all new vans on sale do not come with an alarm as standard, according to an exclusive investigation by What Car? Vans. The findings follow research highlighting how more than 43,000 vans have been stolen since 2016, with a further 117,000 broken into, costing drivers and businesses more than £61.9 million in lost tools and other items.

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Related news:

  1. Report: Budget Tyres Could Kill, But at Least They’re Quiet
  2. May LCV market declines
  3. UK new van market holds steady after mixed 2018
  4. New car buyers still saved £2300 despite squeeze in discounts
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UK new van registrations up 2.4 per cent in 2019 as market finishes year on a high

UK new light commercial vehicle (LCV) registrations returned to growth in December, following three months of decline, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). The market grew +7.8 per cent in December as the impact of regulatory changes eased and attractive offers on new models helped stimulate orders with only pickups experiencing a fall in demand.

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Related news:

  1. November a record month for UK van sales
  2. Slight decline in January LCV sales
  3. Van market up five per cent in August
  4. UK new van market shrinks -86.2 per cent in April
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NAMA market attitude survey optimistic about van market

Findings of the latest NAMA market attitude survey show that the general feeling continues to be that the Euro 6 van market will remain strong. Nearly half of respondents (46 per cent) expect Euro 6 van values to increase and the same percentage believe they will stay stable. By contrast, over half of respondents expect values to decline in the pre euro 6 van market. “NAMA members expect the Euro 6 van market to stay strong as Government clean air policies encourage businesses to purchase these vehicles” said Louise Wallis, head of the National Association of Motor Auctions (NAMA).

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Related news:

  1. Used car volumes set to increase in September due to plate change
  2. Auctioneers expect volumes to increase in April
  3. Vehicle volumes set to fall as used car market enters final quarter says NAMA
  4. Used car market ends 2019 with increase in Q4
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