LIGHT COMMERCIAL VEHICLE MARKET DECLINES IN FEBRUARY 2017

Published 06/03/2017 00:00:00 in Press Releases

“It is concerning to see how swiftly the new light commercial vehicle market went from the positive results shown over the past few months, to the decline in sales seen in February”, said Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT’s light commercial vehicle registration figures.

The new light commercial vehicle market under 3.5 tonnes saw a decrease of -4.3% compared with the same period last year. Year to date, registration figures were down -1.0%.

The heavy weight sector between 2.5 to 3.5 tonnes, which accounts for over 65% of all under 3.5 tonnes commercials and is usually the strongest segment, declined by 1.3% in February. Most of these, are usually purchased as fleet commercials by corporate consumers who generally place orders with manufacturers well in advance to enable them to refresh their fleets on a progressive cycle.

Pick-ups saw a strong growth of 28.9% in January, however, this segment held steady in February compared with the same period last year. This market is often driven by retail demand and self-employed who use these dual-purpose vehicles for their trade, often in building and construction.

On a positive note, the mid-size vans between 2.0 to 2.5 tonnes grew by 9% in February. These vehicles are usually used in the service industry, which tends to be less affected by the volatility of consumer demand.

Again, Ford saw the highest number of commercials registered with 4,157 vans hitting the road in the month, a market share of 31.28%. The most popular models were the Transit Custom and its larger sister the big Transit, the Mercedes Sprinter was in third position, followed by the Vauxhall Vivaro and the VW Transporter.

Robinson concluded, “We hope that in March, sales of light commercial vehicles will come back to the steady growth seen over the last few months.”

 

ENDS

NOTES TO EDITORS:

Gabriele Severini, NFDA Communications Officer
Tel: 0207 307 3423 
Mob: 07880 039 897 
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.nfda-uk.co.uk  Email: Gabriele.severini@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

Back to Articles
Back to Articles

Cookies

This site uses cookies. Some cookies are essential to ensure our website works for you in the best possible way. You may delete and block all cookies from this site, but parts of the site may not work. To find out more about cookies on this website and how to delete cookies, click here to see our cookie statement.

Close