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July 5, 2017

UK van sales pick up after months of decline

New van registrations in the UK in June rose 1.8% year on year to 37,349 units in June 2017.

New van registrations in the UK in June rose 1.8% year on year to 37,349 units in June 2017.

This followed four consecutive months of decline, according to The Society of Motor Manufacturers and Traders (SMMT).

Pickup registrations were up again, rising 14.2% to almost 5,000 units, with the segment now reporting positive figures for 17 consecutive months.

Medium sized vans (>2.0-2.5t) also enjoyed a significant boost, up 29.9% while demand for small vans under two tonnes rose by 2.3%, reversing the negative trend seen over the past year.

In the first six months, the market reported a small decline on 2016, with registrations down 3.7%. However, volumes remain at a high level, with the year to date total of 184,926 vans 54% higher than five years ago.   Mike Hawes, SMMT chief executive, said: "After two years of record growth in the new van market, it's natural to see demand ease as the sector reaches a sustainable running rate. However, as these figures show, the market remains at a high level and we expect similar patterns of demand to continue throughout the year."

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