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Light Commercial Vehicle Market Down in AprilBack

Following a very strong period, registrations of light commercial vehicle registrations decreased by -18.8% in April, according to SMMT’s light commercial vehicle registration figures.

Light commercial vehicle registrations declined by -18.8% in April, with 22,625 units registered. Year to date, the market is now -4.9 down on last year with 120,595 units registered in the first four months of the year, compared with the 126,786 units of the same period in 2016.

It is concerning to see that the 2.5 – 3.5t segment, which is usually very resilient, declined substantially by -23.1%. These vans are generally purchased by corporate fleet.

Mid-size vans of 2.0-2.5t remained stable with a slight decrease of -0.2%, to 3,421 units. Vans under 2t were down by -37.5% in April, similarly to their year to date performance.

Albeit a small segment of the overall market, the positive trend which has characterised the pickups segment over the past few months continued in April with an improvement of 4.5% on last year.

Top three best-selling models for April were again the Ford Transit Custom, the Ford Transit and the VW Transporter.

April’s figures confirmed that many registrations were previously pushed to the first quarter of the year affecting this month’s performance; going forward, the latter part of the second quarter is likely to show more positive results.

Posted by Sue Robinson on 05/05/2017