The increase of light commercial vehicle registrations has shown confidence has returned to the market after recent political and economic uncertainties.
A total of 23,557 LCVs were registered in January, an increase of 5.9% from last year when 22,236 were registered, the latest SMMT’s LCV registration figures showed.
Vans weighing 2.0-2.5 tonnes saw the biggest increase, rising 41.7% to 4,366 units, with under 2 tonne vans following with a 26.3% jump. 4x4s also saw an increase, moving from 126 units in 2019 to 134 this January.
However, pickups saw a -9.7% change, falling from 3,808 to 3,438 registrations, with vans weighing 2.5-3.5 tonnes seeing a small decline of -0.9% also, which could be due to supply restrictions on fleet orders.
The Ford Transit Custom was once again the most registered LCV of the month totalling 3,117 units sold, with the Ford Transit being the second highest seller at 1,897 units, spelling a good month for Ford. The Vauxhall Vivaro was the third highest seller, with 1,549 registrations.
There is optimism in light commercial dealerships that the demand for clean, efficient and reliable business transport puts this sector in good stead for 2020.
Particularly, the jump in registrations for small and mid-size vehicles that are commonly used as service vans indicates confidence from buyers in future business prosperity.
