December 08, 2017 at 11:20 AM

Registrations of new light commercial vehicles (LCV) saw a double-digit year-on-year decline in November 2017, the third consecutive monthly fall for the market.

Bad news for new vans as market falls by 11 per cent

Only 26,486 new vans and pick-ups were registered last month, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). Whilst all LCV segments experienced a decline in new registrations, it was demand for smaller vans (under 2tonnes) that fell the most - down 21.7%. When looking at year-to-date figures for 2017, the market is down 4.1% compared to 2016; so far in 2017 334,133 new vans have been registered on UK roads. The only segments to display positive growth YTD are pickups (+7.9%) and 2-2.5tonne vans (+3.0%).

Mike Hawes, SMMT chief executive, said: “While the market decline is worrying, it remains at a historically high level. Nevertheless, economic and political uncertainty continues to affect business confidence and with it new van purchasing patterns which is damaging, both for the market and for efforts to improve air quality."

The SMMT figures also showed, unsurprisingly, the Ford Transit Custom proved to be the most popular new van in November 2017, and also YTD in 2017. 

See the breakdown of all new van registrations by segment below: 

    November 2017   November 2016   % change
Pickups 3346 3911 -14.4%
4x4s 18 20 -10.0%
Vans up to 2.0 tonnes      2041 2608 -21.7%
Vans 2.0-2.5 tonnes 4488 4929 -8.9%
Vans 2.5-3.5 tonnes 16593 18316 -9.4%
TOTAL: 26486 29784 -11.1%

 

  YTD 2017      YTD 2016      % change 
Pickups 47,344 43,875 7.9%
4x4s 402 4,270 -90.6%
Vans up to 2.0 tonnes      27,520 34,547 -20.3%
Vans 2.0-2.5 tonnes 51,201 49,710 3.0%
Vans 2.5-3.5 tonnes 207,666 216,046 -3.9%
TOTAL: 334,133 348,448 -4.1%

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