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Van market sees modest growth but registrations for rigids decline

The new van market got off to a positive start in 2017 but registrations for 4x4s and rigids declined, latest figures show.

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The UK new van market continues to grow in 2017.

Overall van registrations rose 1.2% last month, with 21,363 new light commercial vehicles joining UK roads, according to data from the Society of Motor Manufacturers and Traders (SMMT). The heavy van segment (2.5t-2.5t) saw the best gains, growing 5.6% compared with January 2016, while registrations for midsize vans (2.0t-2.5t) grew 3.1% and fell 16.2% for vans under 2.0t.

Demand for pick-ups also continued to rise, up 28.9% at 3,439 units.

In contrast, the 4×4 sector fell 94.2% and registrations of rigids were down 16.8%.

Mike Hawes, SMMT chief executive, said: “Vans are the backbone of British business so it is positive to see the strength of the market continue into 2017. With the success of the sector so closely linked to business confidence, government must ensure the conditions that have delivered this growth are maintained.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 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 edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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