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LCV registrations drop in April

Light commercial vehicle registrations declined in April, falling 18.8% to 22,625 units, according to figures released by the SMMT.

White van
Overall year-to-date registrations were down 4.9%, according to SMMT.

Declines were seen across all van segments, with demand for vans under 2.0 tonnes down 37.5%, while vans weighing 2.5-3.5 tonnes fell 23.1%. The medium sized van market, however, remained broadly stable, dipping just 0.2%.

In contrast, pickup demand continued the upward trend, rising 4.5% in April.

Overall year-to-date registrations were down 4.9%, with demand for vans under 2.0 tonnes down 29.7% although smaller declines of 0.5% and 2.8% were seen for vans in the 2.0-2.5 tonnes and 2.5-3.5 tonnes categories. Pickup demand was up 17.6% YTD.

Mike Hawes, SMMT chief executive, said: “April is traditionally a small month for new LCV registrations following the plate-change in March and, coming on the back of double-digit growth that resulted in a record April in 2016, this month’s decline comes as no surprise. Overall, the market remains robust, however, and so long as business confidence among operators can be maintained, we expect to see the market remain at what is a historically high level over the course of the year.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 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. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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