Economic Buzz: New light commercial vehicle market in UK rises by 6.8% in April

The new light commercial vehicle (LCV) market in UK rose by 6.8% in April with 21,716 vans, pickups and 4x4s joining UK roads, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). While the performance is compared against a weak April last year ? a month impacted by tax changes ? the return to growth after a disappointing March is welcome. Performance was mixed, with overall growth driven by deliveries of large vans, up 28.5% to 15,561 units, representing 71.7% of all new LCVs registered. Medium-sized vans declined, meanwhile, by -20.0% to 3,476 units. In the smaller volume segments, registrations of 4x4s rose by 81.6% to 1,024 units, while small vans fell -14.4% to 489 units.

Powered by Commodity Insights