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In the first quarter of this year, there has been more than 94,000 new van registrations, a drop of -3.7% compared to the same period in 2017.
Vans weighing less than 2.0 tonnes, pickups and 4x4s all saw demand increase in the month, up 1.8%, 6.8% and 73.9% respectively. However, this failed to offset a decline for medium and heavier vans, with registrations of vehicles weighing 2.0 – 2.5 tonnes down -2.0% and vehicles from 2.5 – 3.5 tonnes falling -10.5%.
Year-to-date, 94,374 new LCVs have been registered on UK roads, a drop of -3.7% on the first quarter in 2017, with the bulk of the decline in the market for vans weighing 2.5 – 3.5 tonnes.
Overall, there is optimism and confidence among dealers that the light commercial market will remain buoyant throughout in 2018.
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