New light commercial vehicle (LCV) registrations shrank by -12.1% to 156,048 units in the first half of 2025, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
With a -14.8% drop in June, the market declined for the seventh consecutive month, rounding off the worst opening half-year performance since 2022 amid what is described as a tough economic environment and weak business confidence to invest in fleet renewal.
Year-to-date...
+86% more
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