There were 30,440 new vans registered in April, the highest-ever total for the month since records began, according to new figures from the SMMT.
Magna Accident Services is warning that the van insurance market faces significant problems finding replacement vehicles, which could increase costs.
There were 56,122 new vans registered in March, according to new figures published by the Society of Motor Manufacturers and Traders (SMMT).
SMMT reports that registrations of new light commercial vehicles (LCVs) increased by 22% to 17,205 units in February.
The decline is being blamed on Covid-19 and a bumper 2019 when new smart tachograph legislation led to a 12.6% increase in registrations.
New LCV registrations rose by 2% in January, with 24,029 vehicles sold, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
New van registrations declined by 20% last year, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).
SMMT says that van sector has been responding to growing demand as businesses have scaled up online delivery operations through the pandemic.
Van registrations grew for the second consecutive month in October, up 13.3%, marking the highest performing October on record.
Cap HPI says that the used van market remained strong in September across the majority of sectors with average values up by 3.6%.
Registrations for new light commercial vehicles (LCVs) surged ahead in September, growing by 26.4% when compared to the same month last year.
The UK new light commercial vehicle (LCV) market returned to decline with a 16.1% decrease in demand, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
Sales of new heavy goods vehicles (HGVs) have fallen by 73.4% in the second quarter of 2020, with 4,151 units registered in the period.
New LCV registrations have grown by 7.1% in July, following four months of double-digit declines during the coronavirus pandemic.
Registrations for new light commercial vehicles were down by 24.8% in June, leaving the sector 44.6% behind last year’s figures for the first half of the year.
UK light commercial vehicle (LCV) registrations fell by 74.1% in May, despite demand for vans from key worker fleets.
The UK’s new heavy goods vehicle (HGV) market fell 22.5% in the first quarter of 2020, with 9,193 units registered, according to figures released by the SMMT.
The light commercial vehicle (LCV) market is now expected to decline by 28% in 2020, with 263,000 registrations compared to the previous year.
The new van market fell by more than half in March, with just over 30,000 units registered as lockdown measures came into force.
Registrations of new light commercial vehicles (LCVs) fell 2% in February, according to the Society of Motor Manufacturers and Traders (SMMT).