December 08, 2017 at 11:20 AM
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|
|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%|
|YTD 2017||YTD 2016||% change|
|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%|