Print

Posted in:

Conversion sales see growth despite market decline

Contradicting the LCV market decline of 3.6% according to latest SMMT figures, CoolKit’s vehicle conversion revenues grew 21% in 2017.

Rupert Gatty, managing director of CoolKit
Rupert Gatty, managing director of CoolKit

The growth has been credited to 360 van conversion sales to AAH Pharmaceuticals, Iceland Foods, Marks & Spencer, Lex Autolease and Vanarama, consequently increasing growth by 11% over 2016, increasing revenues for the company to more than £12m.

During 2017, CoolKit secured accreditations from manufacturers including Toyota, Renault Trucks, Volkswagen Commercial Vehicles and Ford.

Rupert Gatty, managing director of CoolKit, said: “Our first fleet order for new ultra-light ibox bodywork provided the user with the benefit of a demonstrable 1,200kg usable payload – a new industry benchmark.”

For more of the latest industry news, click here.

Written by Jonathan Musk

Jonathan turned to motoring journalism in 2013 having founded, edited and produced Autovolt - one of the UK's leading electric car publications. He has also written and produced books on both Ferrari and Hispano-Suiza, while working as an international graphic designer for the past 15 years. As the automotive industry moves towards electrification, Jonathan brings a near-unrivalled knowledge of EVs and hybrids to Fleet World Group.

156 posts