Britain’s new light commercial vehicle (LCV) market fell by -20.5% in the first month of 2025 with 19,050 vans, pick-ups and 4x4s registered, according to the latest figures published by the Society of Motor Manufacturers and Traders.
The SMMT’s new 2025 outlook anticipates -1.2% market decline, with rising EV uptake still short of target.
A second consecutive monthly decline follows robust growth in 2024, and is set against a tough economic backdrop and weakened business confidence...
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