UK new light commercial vehicle (LCV) registrations grew to 22,098 units in January, a year-on-year increase of 25.8%, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT).
The growth represents the first rise in new LCV registrations since the September plate change last year, and while full year growth is expected in 2023, January is traditionally a volatile month due to the intermittent nature of fleet renewal, with this year -6.2% below...
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