Persistent Downturn in LCV Market Offset by Steady BEV Interest in September

“Whilst September has seen a modest increase in new van registrations compared to August, the market remains in decline compared to previous years” said Sue Robinson, Chief Executive of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers in the UK, commenting on the latest SMMT new van registration figures.

In September, light commercial vehicle (LCV) dealers registered a total of 47,418 new vans and light commercials, representing a -2.1% decrease year on year. This marks the tenth straight month of falling registrations, highlighting continued weakness in market demand throughout 2025.

Demand in the pickup segment increased, with registrations up 7.8% at 5,749 units. Vans under 2.0 tonnes also increased by 1.9%, while 4x4 decreased by -13.4%. Additionally, vans between 2.0–2.5 tonnes decreased -25.1%. Those over 2.5–3.5 tonnes, the largest sector, did increase by 3.2%.

Meanwhile, BEV demand rose by 55.9% in September, totalling ten months of consecutive growth. BEVs now account for a market share of 9.1%, but below the mandated ZEV target of 16%.

Sue Robinson concluded: “September is a critical month for the sector therefore it is concerning to see that LCV registrations did not bounce back into positive registrations.

“BEV growth is reassuring as ever but dealers need some reassurance in months to come as registrations are likely to continue decline in October.”