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LCV values break £10,000 barrier
- 31/05/2023
- Posted by: Alan Feldberg
- Category: News
Building on a strong first quarter, average monthly LCV values at BCA continued to climb in April to reach their highest point since early 2022. Average values rose by £348 (3.5%) compared to March, to reach £10,325, the highest figure recorded since February 2022. The mix of vehicles on offer played into [...] -
CV production dips home and abroad
- 31/03/2023
- Posted by: Alan Feldberg
- Category: News
UK commercial vehicle (CV) production fell by 21.6% in the second month of the year, with 6,491 vans, trucks, taxis, buses and coaches leaving factory lines. The Society of Motor Manufacturers and Traders (SMMT) says the decline follows a large rise in February last year and, last month, the best January [...] -
LCV values continue strong start to 2023
- 24/03/2023
- Posted by: Alan Feldberg
- Category: News
LCV values averaged £9,851 at BCA in February 2023, with sustained buyer demand keeping values firm as the strong start to the year continued. Sold volumes improved compared to January with values slightly down on last month at £9,851, while performance against price guides improved sharply to 105.7%, a rise of [...] -
Rivus unveils new training academy
- 17/03/2023
- Posted by: Alan Feldberg
- Category: News
Fleet solutions provider Rivus has launched a new IMI-approved training academy for LCV and HGV technicians. The purpose-built training centre is an extension of Rivus’ existing service, maintenance, and repair garage in Leeds and comprises a classroom-style training facility as well as a fully equipped training [...] -
LCV market hits 25-year high
- 07/03/2023
- Posted by: Alan Feldberg
- Category: News
The UK new light commercial vehicle (LCV) market enjoyed its best February performance since 1998. According to the Society of Motor Manufacturers and Traders (SMMT), LCV sales grew by 8.5% to 17,540 units, making it the best February in a quarter of a century. Registrations of vans weighing greater than 2.5 to [...] -
Citroën launches online platform for LCV range
- 12/12/2022
- Posted by: Alan Feldberg
- Category: News
Citroën UK has introduced a new online reservation platform for its Light Commercial Vehicle (LCV) range. The LCV reservation platform is part of Citroën’s omnichannel approach, designed to make the purchasing process as simple as possible. It enables customers to tailor the mileage, deposit, advance rental and [...] -
LCV values find their level
- 20/09/2022
- Posted by: Alan Feldberg
- Category: News
BCA has announced that LCV values averaged £9,864 in August, down from the figure of £10,220 reported in July but still ahead of May and June. Performance against guide prices improved to 97.5%, with just a £10 differential between August 2021 and August 2022. Stuart Pearson, BCA COO UK, said: “The overall [...] -
CV levels hit record high
- 01/06/2022
- Posted by: Alan Feldberg
- Category: News
The number of commercial vehicles on Britain’s roads has reached the highest level in history, according to the latest data published by the Society of Motor Manufacturers and Traders (SMMT). It found that some 5,483,319 vans, trucks, buses and coaches were recorded in operation at the end of 2021, a 4.1% [...] -
LCV values remain healthy
- 30/05/2022
- Posted by: Alan Feldberg
- Category: News
LCV values remained above £10,000 for the fifth consecutive month in April, according to BCA. It reported that average values were £10,005 in April, down by just £128 (1.3%) compared to March, however performance against guide prices improved slightly from 96.5% to 97.3% over the month. Year-on-year, values [...] -
Commercial van safety ratings published
- 16/02/2022
- Posted by: Alan Feldberg
- Category: News
Thatcham Research and Euro NCAP has published the results of the world’s only commercial van safety rating programme. The independent rating programme was first introduced in 2021 amid growing concerns for the lack of safety-critical equipment that is available on new vans, compared with new cars. Scores are [...]