UK van sales grew by a quarter in September
UK van sales grew by a quarter in September, jumping by 26.4%, as van sales recovered from the recession and lockdown measures. The figures cover all vehicles classed as LCV (Light Commercial Vehicle)
What are the figures?
- LCV registrations up 26.4% in September
- 52,096 LCV sales
- Total sales for the year so far still down by -27.4%
Mike Hawes, representing LCV makers, said;
“The sector has shown incredible resilience throughout the ongoing crisis and September’s numbers indicate some confidence is returning as operators seek flexibility and lower operating costs.
However, the context of these figures is important as the headline growth belies a very weak September 2019 and is still short of the rolling average.
From new social distancing restrictions, to job losses as the furlough scheme comes to an end next month, and the ticking clock that is the end of the Brexit transition period, the next quarter holds myriad challenges for the industry.”
Want to learn more?
You can read the SMMT press release here.
Find out more about NewsBrokerUK here.
The SMMT is the Society of Motor Manufacturers and Traders. They represent most auto manufacturers in the UK. Image from SMMT press release.