MARCH MARKS A STABLE FIRST QUARTER FOR THE VAN MARKET

Published 06/04/2016 00:00:00 in Press Releases

”Demand for light commercial vehicles was up 3.3% in March – ending the first quarter on a positive note”, 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 commercial vehicle registration figures.

Figures released today show that 63,913 vans were put on UK roads last month.

Robinson continued, “The most significant growth came from the 2.5 – 3.5T sector with a 14.2% increase. These vehicles are typically purchased by corporate businesses – showing continued confidence in commerce in the industry.

“With the exception of these heavy vans and the pick-up market, all other sectors showed a decline that could indicate potential future concerns over the strength of the economy for the private and self-employed tradesmen buyers.

“In 2015 the van market was exceedingly strong posting gains in almost all sectors with continuous growth in online sales and the need for local deliveries.

“March marked the month for the new 16-plate change.  This year the first quarter has shown steady growth with 98,906 vans registered – a 1.2% growth over the same period last year indicating the market is still strong”.

 

ENDS

NOTES TO EDITORS:

Rupal Rawal, Press Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk  Email: rupal.rawal@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.

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