UK new van market enjoys record May

Rodolfo Schellin

United kingdom new van marketplace enjoys record May

The United kingdom light-weight industrial vehicle (LCV) marketplace saw another record location thirty day period, with 29,354 vans registered in May, in accordance to the Culture of Motor Manufacturers and Traders (SMMT).

It was the greatest May efficiency on record with sales up 4.7{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} on 2019 pre-pandemic amounts as the raising sector self confidence continued further than lockdowns, the SMMT reported.

Registrations grew across all segments with the whole selection of units quadrupling compared to 2020 lockdown-impacted quantity.

Demand for much larger 2.5-3.5 tonne vans drove the enhance, comprising two thirds of all registrations, 19,687 vans.

With 157,a hundred and fifty vans registered so much in 2021, 12 months to day sales have been the best on record, pretty much double this level in pandemic lockdown strike 2020 (+ninety nine.3{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} 12 months on 12 months), and up 4{7e488363c11ee5ef50445c8c4fa770b6e6e4f99e57faea264a05ac52abb3ffe0} on the pre-pandemic 5-12 months regular.

Mike Hawes, SMMT chief govt, reported: “May’s figures are welcome news, suggesting Britain’s added reliance on industrial vehicles is a very long-term change instead than a lockdown stopgap.

“As the nationwide vaccination rollout continues at rate, keeping business enterprise self confidence is vital for the LCV marketplace.”

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