The SMMT (Society of Motor Manufacturers and Traders) is the trade association for the UK motor industry. Articles about SMMT at The Van Expert.
Tag: SMMT
LCV industry rounds off 2023 with successful December
December marked the twelve straight month of registrations growth for the van market, as demand rose by 36% year-on-year last month.
LCV sales grow past pre-pandemic levels in November
November marked the eleven straight month of registrations growth for the van market, with over 27,000 new LCVs joining the UK road network.
Demand for medium-sized vans doubled in October
October marked the tenth month of consecutive growth for the new van market, as demand for mid-sized vans rose by 106% last month.
High-volume September marks nine straight months of LCV market growth
September signalled the ninth month of consecutive growth for the van market, as annual van registrations passed the 250,000 mark last month.
LCV market growth continues into August
August signalled the eighth month of consecutive registrations growth for the van market, as annual van registrations passed the 200,000 mark.
Electric van demand doubles in July
Electric van sales almost doubled in July, in a month of positive LCV sales growth that rivalled pre-pandemic registration figures.
LCV market up by almost a third in June
Up 31% in June, the LCV market has recorded six months of consecutive growth, and the best registrations performance since 2019.
May marks fifth consecutive month of LCV market growth
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.
New LCV registrations rise in April
April marks the fourth month of consecutive growth for the LCV industry, but the anticipated growth of electric van uptake has been underwhelming.
Light van market continues strong start to 2023
The LCV market has recorded its third consecutive month of growth after a positive March – as light van sales grew by 17%.
LCV market growth continues into February
The LCV market has recorded its second consecutive month of growth - light van sales grew by 9% in February year-on-year.
LCV market records positive start to 2023
Following a rather gloomy 2022, the 2023 LCV sales race has started strongly, as registrations grew by 26% in January year-on-year.
LCV market shrinks by 21% in 2022 after December slump
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.
LCV market sales slump continues into November
The light van market has now been in decline for two consecutive months, as sales numbers shrank by 22% in November.
LCV sales shrink by a fifth in October
After September growth, British LCV sales decreased by 18% year-on-year in October according to the SMMT's latest figures.
September sees LCV sales grow for the first time this year
After successive months of declining sales, the LCV market actually grew by 11% in September, but this isn't as impressive as it seems.
LCV market sales slump continues into August
August's LCV sales figures were the lowest of any month stretching back to 2017, as light van registrations fell by 25% year-on-year.
LCV market falls in July but electric sales climb
The LCV market shrank for the seventh month in a row year-on-year in July, but monthly electric van registrations continued to grow.
LCV market declines for sixth consecutive month
New light commercial vehicle registrations fell by 23% in the month of June compared to the same time last year, as supply shortages continue.
LCV sales in fifth consecutive month of decline
New light commercial vehicle registrations fell by 25% in May compared to the same month last year, though electric sales continued to climb.
New LCV market shrinks by 28% in March
There were more light vans sold in March than January and February combined, but March sales were still down over 25% when compared to 2021.
Christmas comes early to the van market
Despite the semiconductor supply shortage, the new LCV market has just recorded the best November in its history.
Chip shortage starves September LCV sales
The global semiconductor shortage has been blamed for a big slide in new LCV registrations across the UK in September.
CV registrations grow but still down on pre-pandemic levels
UK commercial vehicle production was up 39.6% year-on-year in June, but registrations are still significantly below the five-year average new figures have revealed.
Van registrations continue recovery in June
The light commercial vehicle market growth was tempered after a bumper recovery in April and May, with supply issues impacting and helping to inflate prices.