View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
December 8, 2016

UK new van market achieves 20 year high in November

The UK's new light commercial vehicle (LCV) market saw record breaking sales in November, according to the Society of Motor Manufacturers and Traders (SMMT).

The UK's new light commercial vehicle (LCV) market saw record breaking sales in November, according to the Society of Motor Manufacturers and Traders (SMMT).

A total of 29,784 new vans were registered last month – the most for two decades.

A 43.1% uplift in sales of smaller vans weighing 2.0-2.5 tonnes drove growth last month while demand for versatile pickups also continued to rise – by a significant 36.7%.

Demand for heavier vans, however, fell for the second consecutive month, with registrations for vehicles weighing 2.5-3.5 tonnes down 4.4%. However, year to date, this segment remains strong, up 7% in the first 11 months of the year, accounting for 62% of sales.

Mike Hawes, SMMT chief executive, said: "The new van market's growth in November is welcome news and an encouraging sign of ongoing business confidence. With almost 350,000 light commercials registered so far this year, the sector remains on track to beat 2015's record-breaking performance."

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto