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Browsing: SMMT
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).
New analysis reveals that manufacturer discounts on new electric vehicles are significantly impacting the used car market, particularly for nearly-new plug-in models
UK car and van production falls to lowest April level since 1952
UK new LCV registrations decline by 14.9% in April 2025, marking five months of falling demand, with significant drop in larger van registrations
New light commercial vehicle registrations fell by 14.9% in April to 20,332 units, marking the fifth consecutive month of decline and hitting a five-year low.
New light commercial vehicle (LCV) registrations down -3.2% in March, marking fourth consecutive monthly decline
UK’s used car market achieves nine consecutive quarters of growth, with electric vehicles showing significant increase
The number of vehicles on UK roads has reached a record 41.96 million, with cars and vans seeing significant growth while HGVs remain steady
Latest figures reveal a decline in UK car and commercial vehicle production, prompting calls for government support to boost competitiveness and accelerate the transition to electric vehicles.
Registrations of new light commercial vehicles dipped in July, although the market remains healthy overall. Electric van uptake, however, is falling, which raises concerns.