LCV recovery under way with sales surge

The UK new light commercial vehicle (LCV) market saw its first month of growth since January, with a 7.1% increase in registrations.

The Society of Motor Manufacturers and Traders (SMMT reported that in total 27,701 new LCVs joined Britain’s roads.

Growth was particularly pronounced in medium-sized vans weighing greater than 2.0 to 2.5 tonnes, which saw an 12% increase in registrations, and pick-ups, where dealers recorded a 24.9% increase in sales. The only fall was in the light van sector, where registrations dropped by 22%. Heavy vans made up the lion’s share of overall sales, with 17,566 registrations, an increase of 5.4%.

Mike Hawes, SMMT chief executive, said: “With lockdown restrictions rolling back and businesses restarting operations, the van market is beginning to look more positive. Growth is likely to have been driven by pent up demand and the re-emergence of sectors such as construction. However, these green shoots of recovery could prove fragile given the uncertain economic situation. With new technology coming to the market and the need for operators to renew their fleets, maintaining overall business confidence will be crucial.”

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