LCV market soars by 41%
- 06/09/2019
- Posted by: Alan Feldberg
- Category: News
The UK new light commercial vehicle market rose by 41% in August, according to the Society of Motor Manufacturers and Traders (SMMT).
The market has grown in every month of 2019, with 23,120 new vehicles registered in August for use on UK roads, as operators respond to regulatory changes and take advantage of some compelling deals on the latest models available in what is usually one of the year’s smallest months.
Mike Hawes, SMMT chief executive, said, ‘Another month of growth for the new van market is welcome news for the automotive sector as it faces multiple challenges simultaneously. It is important to remember, however, that any percentage increase will be on a much smaller volume market in August given it is arguably the quietest month of the year. Buyers continue to take advantage of deals on the latest and cleanest commercial vehicles on the market and it is important the business environment remains strong.’
