LCV sales hit 20-year high
The new light commercial vehicle market rose two per cent in January, according to Society of Motor Manufacturers and Traders (SMMT).
It recorded 24,029 LCV registrations as new models and deals drove fleet renewal. This is the highest volume January since 1990, 10.5% ahead of five-year average.
Mike Hawes, SMMT chief executive, said: “January’s figures are welcome news, particularly after the difficult past year. Although one month’s performance does not full recovery make, the future must involve measures that can deliver long-term changes for the sector if we are to meet ambitious targets and 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.”
