“It is positive news to see eight consecutive months of light commercial market growth, as business confidence continues and buyers update their LCV’s to ensure they own Euro-6 vehicles and are compliant with the increasing number of Low Emission Zones around the UK,” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK commenting on the latest SMMT’s new passenger van registration figures.

In August, Light Commercial Vehicle (LCV) dealers registered a total of 16,303 new vans and light commercials, an increase of 5%. This is the eighth consecutive month of registration growth. Year-to-date figures reveal 213,219 new LCVs are on the road this year, an increase of 19.4%.

The heavier sectors of LCVs have improved substantially, with 2.0-2.5t sized vans rising from 1,579 units to 2,718 units, a 227.4% increase. The heavier, and most popular sized vans (2.5-3.5t) accounting for nearly 71% of the market, decreased from 12,176 units to 11,549 units, a -5.1% fall.

Although a smaller market, 4x4 experienced strong growth year-on-year, with 256 units on the road compared to last year’s 97 units, a 163.9% increase.

August saw an increase in the number of battery electric commercials registered, up 18.9% to 1,122 units. Whilst the volume for EV vans has increased to 11,414 units this year, it still only represents 5.4% of the market, a 0.1% fall from this time last year.

Sue Robinson added: “While it is encouraging to see growth in BEV light commercials for August, it is still disappointing to see the overall market share of 5.4% year-to-date remains 0.1% lower than this point last year. It is time Government realized that it is a significant cost to purchase any new light commercial, particularly an EV van, when there are proven and reliable diesel options available at far lower prices. Running an LCV is a business decision, and one which will need financial incentives from Government to initiate a more radical shift in consumer uptake towards electric light commercial.”

ENDS -

NOTES TO EDITORS -

Adam Weeks, NFDA Communications Officer

Direct: 020 7307 3413

Mobile: 0788 003 9897

Email: adam.weeks@rmif.co.uk