CommercialFleet

Van registrations rise 3.3% in March

White vans lined up in car park

The new van market finished the first three months of the year on a high, with a 3.3% uplift in demand in March, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

The 63,913 registrations made in the month represented two-thirds of the quarter's total volume, with almost 99,000 new light commercial vehicles (LCVs) hitting British roads in the year-to-date – up 1.2% on the same period in 2015.

The trend towards heavier vehicles continued, with a substantial 14.2% rise in the 2.5-3.5-tonne segment last month, counteracting a decline in registrations of vans weighing less than 2.5 tonnes.

The 3.5-6-tonne truck sector saw registrations fall slightly by 1.9%, while demand for pickups showed a 5.3% gain in March.

Mike Hawes, chief executive of the SMMT, said, “Traditionally one of the busiest months of the year for the new British van market, March's new 16 plate gave a welcome boost, closing the first quarter on a positive note after a more subdued start to the year.

"Following the sector's record performance set in 2015, we expect to see steadier growth over the coming months.”

 


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