Saturday 14th Dec 2019 - Logistics Manager Magazine

Van market continues to grow

Van registrations were up nine per cent to 222,280 units in the first seven months of 2019, according to the Society of Motor Manufacturers and Traders.

The strongest performance came in the 2.5-3.5 tonne sector which was up 12 per cent to 139,704.

SMMT chief executive Mike Hawes said: “Another month of growth for the new van market is welcome relief for the automotive sector as it faces multiple challenges simultaneously. Buyers continue to be attracted to the latest, cleanest vans which is good news for the manufacturers that have invested significant amounts to create them, but also for the environment and exchequer. Buying cycles do fluctuate, however, and for this performance to continue we need an end to Brexit uncertainty starting with a favourable deal for the industry.”