VAN MARKET LEVELS OFF FOLLOWING RECORD BREAKING SALES IN 2015

Published 04/03/2016 00:00:00 in Press Releases

”In what is traditionally a quiet month for the commercial vehicle sector as businesses and the self-employed wait for the new 16-plate, this February proved to be no different”, 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 van and truck registration figures.

Figures released today show that demand in the van sector has levelled off with a 0.4% increase following an all-time record high in 2015.

Robinson continued, “Sales of vans under 2.5T often used as service vehicles by tradesman were down -18.8%. 3397 units were registered – 788 fewer than February 2015.

“Maximum weight vans in the 2.5 – 3.5T sector recorded a growth of 6.2% over the same period last year – selling 8864 units. This sector accounts for 60% of all light commercial vehicles under 3.5T and are typically used to deliver online goods. This suggests that online purchases are on the high as the confidence in the economy improves and consumer spending increases.

“Following an exceptional year in 2015 for light commercial vehicles, we anticipate the market to stabilise and look forward to seeing what next month’s 16-plate change will bring.”

 

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.

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