Van registrations level off in January after record 2015

After a record 2015, registrations of vans in the UK levelled off in January with a 4.3% fall in demand compared with the same month last year, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

In January 21,102 new light commercial vehicles (LCVs) were registered – the first month of decline since July 2015. Demand for vans below 2.0 tonnes and between 2.0-2.5 tonnes fell by 11.8% and 23.3% respectively in the month, but better news came from the 2.5-3.5 tonne market – the sector’s largest – where a 2.1% increase in registrations continued the trend towards heavier vehicles, driven by operators’ desire to maximise fleet efficiency.

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