LCV market springs into life
The UK new light commercial vehicle (LCV) market enjoyed significant growth of 5.9% in January.
This is according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
The upturn ended three months of decline, caused by pent-up demand due to regulatory changes, as well as operators taking advantage of some compelling deals on the latest models.
Mike Hawes, SMMT chief executive, said: “January’s growth is welcome news for the commercial vehicle sector. Especially welcome is the increased uptake of alternatively fuelled commercial vehicles, essential if we are to address both climate change and air quality goals. The fastest way to do this is by encouraging uptake of the latest low emission vehicles, regardless of fuel type, and business confidence remains vital for this transition.”
