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2016 MARKS THE STRONGEST VAN MARKET EVERBack

VansNew light commercial vehicle sales rose 1% in 2016 compared with last year, marking the highest light commercial vehicle market ever with a total of 375,687 units registered.

In December, the new light commercial vehicle market up to 3.5 tonnes declined by -10.4%. This decrease is justified by the unusually strong figures seen in December 2015.

Large vans between 2.5-3.5 tonnes, which are primarily acquired by businesses and corporate fleets, drove the market in 2016 accounting for 62% of all LCV registrations. This segment saw a decline of -17.3% in December, but in the year remained 4.8% stronger than 2015.

Sales of ‘pick-ups’ have increased significantly (+17.6%) in 2016 and December’s figures confirmed this positive trend (+52%). These vehicles are often used in the building trade by both fleets and self-employed builders and these strong figures may reflect the growing confidence in the UK construction industry.

Ford, with its vast range of commercials, has dominated LCV sales this year with a total of 115,554 vehicles registered and a market share of 30.76%. Volkswagen and Vauxhall followed with over 40,000 units registered and a market share of over 11% each.

Despite challenges, we hope to see a stable market in 2017 as the majority of newly purchased vans are currently being used for domestic services and internet deliveries, which is a continuously growing industry.

Posted by Sue Robinson on 06/01/2017