The van market is currently experiencing an upsurge in the UK according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
According to the data shared by the SMMT this July, the first six months of 2019 have been particularly positive, with new registrations rising by 13.5% as well as the demand for smaller vans, which increased by 10.3%. Registrations of larger vans up to 3.5t rose by 22.2%.
But it wasn’t all upbeat for vehicle manufactures and sales: the registration of pickups and 4x4s fell by 0.7% and 21.8%, respectively.
The van/LCV market recorded a growth of 8.7% during the first six months of 2019, ahead of expectations according to the SMMT. There were 15,722 more registrations this year in the same period, clocking up a total of 196,418 new vans.
The results published by the SMMT confirm that vans and LCVs play an extremely important role in the UK economy, especially in the urban areas; and there is no reason why these trends can’t continue in the same positive vein if a good Brexit deal can be thrashed out.
According to the SMMT sources, AFV (Alternatively Fuelled Vehicles) sales have increased dramatically—200% up on 2018 for the same month. The growing need for alternative fuelled vehicles in order to comply with emission targets whilst also providing great logistical performance and the ability to meet delivery targets seems to be the reason behind this incredible surge in sales. Getting cleaner and more fuel efficient vehicles is increasingly becoming a priority for all fleets.