LCV sales rose in 2024 but EV challenges remain
LCV sales rose in 2024 by three per cent, according to new figures published by the Society of Motor Manufacturers and Traders. It found that 351,834 new vans, pick-ups and […]
LCV
New LCV production sets second-best November record
New LCV production recorded its fourth consecutive month of growth as registrations rose by 10.5% in November, according to the latest figures published today by the Society of Motor Manufacturers […]
RHCV acquires Renault Truck Commercials site
RHCV has expanded its footprint in the Midlands with the acquisition of a new dealership in Coventry. It has acquired the Renault Truck Commercials Coventry site for an undisclosed sum. The […]
SMMT reports LCV sales strong despite July dip
The Society of Motor Manufacturers and Traders (SMMT) has reported an 8.5% fall in light commercial vehicle sales in July. Its figures revealed that sales fell to 24,689 vans last […]
LCV sales fall for the first time in 17 months
The UK new light commercial vehicle (LCV) market fell for the first time in June after 17 successive months of growth. The Society of Motor Manufacturers and Traders reported that […]
LCVs remain in high demand at BCA
BCA has reported that LCV sold volumes rose in May 2024 to reach the highest point this year. Buyer engagement has risen 13% since the start of the year, although […]
UK van mileage surges by 8%
New data from the Department for Transport has revealed that van mileage on UK roads has risen by 8% since the start of the pandemic. It found that light commercial […]
LCV values enjoy steady growth
Average LCV values at BCA rose by £115 – or 1.3% – to £8,855 in March 2024. This comes after the wider LCV market grew 11.1% to 52,916 units across […]
LCV values hold firm
LCV values dipped just 0.3% between January and February, according to data from BCA. It reported that average values were £8,740 across the month, down just £24 on January and […]
LCV demand hits highest mark since 1998
Demand for new light commercial vehicles grew by 2.2% last month to 17,934 units, completing 14 months of consecutive growth making it the best performing February since 1998. Registrations of […]
LCV values end 2023 on downward turn
LCV values at BCA averaged £8,037 in December, the lowest monthly figure recorded since the UK was in lockdown in 2020. This continued a downward trend during 2023, after values […]
LCV values under intense pressure
BCA has reported that LCV values came under pressure in October as professional buyers continued to react to the tough economic conditions affecting the wider market, particularly the small business […]
