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Van market puts in best August performance in 12 years

By / 7 months ago / News / No Comments

UK van registrations saw a moderate rise in August, marking the best performance for the month in 12 years.

White van on road

August van registrations recorded their best performance in 12 years.

In total, 15,619 vans and pick-ups hit the roads in August, up 1.5%, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). Growth was driven by vans weighing 2.0-2.5T, which were up 39.9% to 3,049 units. The pickup segment also continued its upward trend, rising 8.0%.

In contrast, registrations of vans under 2.0t fell 7.4% to 1,278 units and vans in the 2.5-3.5t saw a 0.6% decline to 9,616 units.

Year-to-date figures put in a similar performance, with the market for pickups and smaller vans increasing, up 14.4% and 11.4% respectively, while heavier van registrations declined 4.0%.

Mike Hawes, SMMT chief executive, said: “August is traditionally one of the quietest months of the year, ahead of September’s plate change, so the moderate increase in the new van market is welcome news.

“While year-to-date figures show demand easing, this is in line with market expectations and overall registration volumes remain at a very high level. This stabilising of the market is indicative of what we can expect for the remainder of the year.”

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Natalie Middleton

Natalie has worked as a fleet journalist for 14 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie works across the magazine portfolio and updates the company websites with daily news, interviews and road test content.