The UK’s new light commercial vehicle (LCV) market fell by -11.8% in May with 22,796 vans, 4x4s and pick-ups joining the road, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
The SMMT said the contraction marks the lowest May performance since 2022 and rounds off the sixth consecutive month of decline, as weak business confidence holds back fleet investment.
Demand shrank for new vans of all sizes, with the largest models down...
+85% more
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