The UK light commercial vehicle (LCV) market experienced its sixth consecutive monthly decline in May, with registrations dropping by 11.8% to 22,796 units, according to the Society of Motor Manufacturers and Traders (SMMT).
Analysis of the UK’s light-commercial vehicle market trends in 2024, including registration numbers, electric vehicle adoption, and auction attendance.
Registrations of new light commercial vehicles dipped in July, although the market remains healthy overall. Electric van uptake, however, is falling, which raises concerns.
