• LCV sales slow in June
    • 06/07/2021
    • Posted by: Alan Feldberg
    • Category: News
    Growth in the light commercial vehicle (LCV) market slowed in June, after bumper months in April and May. Figures released by the Society of Motor Manufacturers and Traders (SMMT) found that 34,363 vans were registered in the month, down 13.9% on 2019 but up 14.4% on 2020. Year-to-date figures were up 75.9% on [...]
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  • Bodyshops urged to tap into LCV market
    • 01/07/2021
    • Posted by: Alan Feldberg
    • Category: News
    LKQ Euro Car Parts is encouraging bodyshops to tap into the potential revenues generated by LCVs. SMMT figures found that LCV registrations have enjoyed a 9.5% year-on-year growth, driven by the home delivery sector. Colin Cottrell, marketing director at LKQ Euro Car Parts, said: “LCVs are the lifeblood of our [...]
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  • LCV demand driving price rises
    • 24/06/2021
    • Posted by: Alan Feldberg
    • Category: News
    Used LCV values rose £346 from April to May at BCA to record the third highest average monthly value on record. The average price for more than 2,000 sales was £9,375, as values continue to outstrip market expectations by a significant margin. Stuart Pearson COO BCA UK said: “During 2021 we have seen used [...]
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  • LCV market sets new May record
    • 04/06/2021
    • Posted by: Alan Feldberg
    • Category: News
    The light commercial vehicle (LCV) market had another record-setting month, with 29,354 vans registered in May. This is according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). It was the best May performance on record for the LCV market, 4.7% up on pre-pandemic levels [...]
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  • Demand for used LCVs surges
    • 10/05/2021
    • Posted by: Alan Feldberg
    • Category: News
    Online used vehicle supermarket BuyaCar has announced a surge in light commercial vehicle sales. It says that in April van sales shot up by nearly 15%, as a proportion of all purchases, while the first week in May has seen a 27% increase compared with previous months. This contrasts starkly with last year, when [...]
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  • LCV prices rise again
    • 07/05/2021
    • Posted by: Alan Feldberg
    • Category: News
    Average used LCV values rose for the fifth consecutive month at BCA in March 2021, reaching record levels. Values have now risen in nine of the 12 months since the pandemic started. The average monthly value across all LCVs at BCA rose to £9,453 in March with values continuing to outstrip guide prices by a [...]
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  • 30 is the new 20
    • 05/06/2015
    • Posted by: Simon Wait
    • Category: News
    There will be an increase to 30 groups enabling improved differentiation between similar vehicles and therefore a more accurate reflection of risk. Thatcham Research, who administer the insurance group rating process on behalf of the Association of British Insurers (ABI), will introduce the change from 1st January [...]
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