Industry news

New light van registrations grew by a modest 2% last month - a three-year October high that coincides with a surge in demand for electric vans.

The LCV market returned to commendable sales form last month, recording its best September registrations total in four years.

New van registrations in the UK grew by a modest 2% in August, as demand for electric vans continues to fall.

New LCV registrations fell by 9% in July when compared to the same month last year, and electric van sales remain well off the pace.

Following 17th consecutive months of sales growth for the new light van market, LCV registrations fell by a rather worrying 5% in June.

The light van market recorded a minor 2% sales increase in May year-on-year - its 17th consecutive month of sales growth.

The UK new light van market recorded its 16th consecutive month of sales growth in April, but EV sales took a concerning nose dive last month.

New LCV sales were up 11% in March, as the SMMT announces that the light van sector has delivered its best first quarter for three years.

February marked fourteen straight months of consecutive LCV registrations growth, as demand for light vans rose by a modest 2%.

Just under 24,000 new LCVs arrived on Britain, in what the SMMT says was the highest volume of January registrations for three years.

December marked the twelve straight month of registrations growth for the van market, as demand rose by 36% year-on-year last month.

November marked the eleven straight month of registrations growth for the van market, with over 27,000 new LCVs joining the UK road network.

October marked the tenth month of consecutive growth for the new van market, as demand for mid-sized vans rose by 106% last month.

September signalled the ninth month of consecutive growth for the van market, as annual van registrations passed the 250,000 mark last month.

August signalled the eighth month of consecutive registrations growth for the van market, as annual van registrations passed the 200,000 mark.

Electric van sales almost doubled in July, in a month of positive LCV sales growth that rivalled pre-pandemic registration figures.

Up 31% in June, the LCV market has recorded six months of consecutive growth, and the best registrations performance since 2019.

New light van sales grew by 15% year-on-year in May, but the LCV market is still struggling to match pre-pandemic registration numbers.

April marks the fourth month of consecutive growth for the LCV industry, but the anticipated growth of electric van uptake has been underwhelming.

The LCV market has recorded its third consecutive month of growth after a positive March – as light van sales grew by 17%.

The LCV market has recorded its second consecutive month of growth - light van sales grew by 9% in February year-on-year.

Spiralling UK costs have impacted the van insurance market, as the average quote now sits at over £1,100 per year, according to a new report.

Following a rather gloomy 2022, the 2023 LCV sales race has started strongly, as registrations grew by 26% in January year-on-year.

The LCV market shrank by 20% in 2022, which concluded with a slow December in which 25% less light vans were sold compared to December 2021.

The light van market has now been in decline for two consecutive months, as sales numbers shrank by 22% in November.