LCV registrations third highest on record
UK new light commercial vehicle (LCV) registrations recorded the third highest total on record last year.
The Society of Motor Manufacturers and Traders (SMMT) has reported that full year registrations were up 2.4 per cent as 365,778 new models hit UK roads.
This was consolidated in December, when the market returned to growth following three months of decline. The market grew 7.8 per cent in December as the impact of regulatory changes eased and attractive offers on new models helped stimulate orders with only pickups experiencing a fall in demand.
Mike Hawes, SMMT chief executive, said: “A healthy van market is good news for the industry, environment and exchequer and so the rise in 2019 registrations is very welcome. As we enter a new decade, however, we need this upward trend to continue if we are to address environmental concerns. The quicker these new vehicles become commonplace, the quicker their positive impact on air quality and climate change will be felt. Manufacturers will continue to invest in new, cleaner technologies but, ultimately, it is businesses that will determine the pace of change. Business positivity is essential to give companies the confidence to invest in their fleets.”
