- New van market achieves record performance in first six months of 2016, up 3.0% to 191,996 units.
- Heavy vans (>2.5t-3.5t) fuel demand, rising 12.7% in the year-to-date.
- Upbeat June continues 2016’s positive performance, with registrations up 2.7% to 36,700.
The new UK van market recorded its fifth consecutive month of growth in June, with registrations rising by 2.7% to 36,700 units, according to figures released today by SMMT.
June’s strong performance rounded off a record first six months for the sector, with overall demand in the year up 3.0% to 191,996 units.
Heavier vans (>2.5-3.5T) and pick-ups drove June’s growth, with registrations up 11.3% and 17.3% respectively, while smaller vans weighing less than 2.0-tonnes were less popular, with demand falling by a fifth (-19.7%).
The picture was the same for the year-to-date, with registrations of bigger vans – up 12.7% – dominating the light commercial vehicle market with a 62.7% share.
Mike Hawes, Chief Executive, SMMT, said, “It’s been an encouraging first half for the new LCV sector and, while growth may be slower than the record levels seen last year, the market remains strong with all the signs pointing towards a healthy performance in 2016. Maintaining economic certainty for van operators will be key to the sector’s ongoing success.”
