Hayzed Magazine
  • Home
  • About me
  • Contact Us
  • Privacy Policy
  • Sitemap
Home  /  Reviews  /  Light commercial vehicle sales fell in 2017

Light commercial vehicle sales fell in 2017

Rip van winkle January 17, 2018 Reviews Leave a Comment

Last year’s figures for the light commercial vehicle market make for sobering reading; in the twelve months up until December, sales fell by 3.6 percent to 362,149 units. Here we take a look at why a once buoyant market is in decline.

Image Credit

Economic uncertainty

With economic and political uncertainty following Brexit, sales of vans and LCVs saw their first decline last year since 2012. The figures, which were announced by The Society of Motor Manufacturers and Traders also revealed a 5.6 percent decline in sales of new cars to 2,5440,617 vehicles, the first decline in six years. There was also a 30 percent fall in diesel engine car sales and in December, demand for car-derived vans under two tonnes also fell by a staggering 20.3 percent.

Those classified between 2.5 tonnes and 3.5 tonnes fell by 3.1 percent and this, combined with the above, drove the overall decline. Smaller vans still, between 2 and 2.5 tonnes, were also down by 5.7 percent.

Limited expectation for a more positive future, with economic and political uncertainty, is seen as a major factor in this. Indeed, this market volatility looks set to be a marked trend in 2018 –  https://www.motortrader.com/motor-trader-news/automotive-news/van-sales-fall-3-6-2017-amid-economic-political-uncertainty-08-01-2018.

Image Credit

Some improvement

However, it wasn’t all bad news. Some of the more positive figures, welcomed by leading industry bodies and companies throughout the UK, including http://www.vehicle-accessories.net/Van-Linings/Plylining, include:

That athough the unit sales of 362,149 units equate to a 3.6 percent decline, this was still the third highest figure in a decade.

The demand for pick-ups and smaller vans – many enjoying the benefits of van plylining – weighing between 2 and 2.5 tonnes, increased by 7.8 percent and 2.3 percent respectively, compared to 2016.

The December figures for LCV registrations saw an increase of 2.9 percent or 28,016 units.

The SMMT was keen to put the figures into context, saying that demand still remains high and that, overall, LCV registrations have increased 6.5 percent since 2010.

The wider picture

Van sales are often viewed as an indicator of business confidence and Mercedes, along with MG, had cause for celebration at the end of 2017, with both announcing a 6 percent increase on registrations. So with a combination of both the positive and negative, let’s keep a close eye on the market in 2018.

Previous Article
Next Article

About Author

Rip van winkle

The author is an expert on occupational training and a prolific writer who writes extensively on Business, technology, and education. He can be contacted for professional advice on occupation and activity on his blog.

Related Posts

  • Politics and journalism go hand in hand

    April 20, 2023
  • Raising money for charities and helping people who are experiencing financial hardship

    February 5, 2023
  • How Packaging Adds Value To A Product

    February 3, 2023

Leave a Reply

Cancel reply

Recent Posts

  • Burmese cat: characteristics and behavior
  • The end of TV night?
  • Do you know these 5 branding trends for 2023?
  • The English Oak Tree and Its Integral Part in the Ecosystem
  • Why is my site getting no traffic?

Topics

  • Auto
  • Business and Management
  • Entertainment
  • Environment
  • Fashion
  • Food and Drink
  • Health and Fitness
  • Home Improvement
  • Jobs and Careers
  • Lifestyle
  • Reviews
  • Shopping
  • Sports
  • Technology Reviews
  • Tour and Travel
  • Wedding

Archives

  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • August 2021
  • July 2021
  • June 2021
  • April 2021
  • February 2021
  • January 2021
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017

Tags

Annual Best Cameras Bio Breast Cancer Breast Cancer Symptoms Car Car Maintenance dominate Experience fish for beginners Food Business Food Truck Business freshwater aquarium fish Health Benefits Healthy Diet Hotspot inbound links Injuries Keep Locked Out martial arts Mouth Injuries negotiations Net worth New Business Ideas Ornamental fish Prevent Breast Cancer responsive Save Money search engine friendly SEO benefits SEO techniques Social networks Strategies Sunglasses Tooth Video Production Virtual Private Network VPN Warm Weatherstripping Tips weatherstrips Web Browsing web designing website traffic
Theme by ThemesPie | Proudly Powered by WordPress