The UK new light commercial vehicle market posted its 17th consecutive month of growth in May. Registrations rose by 1.9% to reach 25,853 units, according to figures from the Society of Motor Manufacturers and Traders (SMMT). It said the result was the strongest performance for the month since 2021, which recorded the best May market in history when business investment ...
Read More »Van drivers say electric is most cost-effective
British van drivers (52%) believe that electric vans are more cost effective to run than petrol or diesel vans, according to a study by Volkswagen Commercial Vehicles UK. Over two-thirds of the UK’s van drivers also say that electric vans would suit their business needs and day-to-day work. Almost one-third (29%) of respondents stated ULEZ expansion was the main reason ...
Read More »Van sales in April hit three-year high
Registrations of UK light commercial vehicles rose 5.4% in April, the best performance for the month since 2021. Deliveries of zero emission LCVs declined last month, with new battery electric van (BEV) uptake falling to 861 units, down -42.4% compared with last year’s uptick in demand. It means BEVs accounted for 3.6% of all new LCV registrations compared with 6.6% ...
Read More »Carwow LCV sales reach combined value of over £13.3m
Carwow has sold LCV stock with a combined value of over £13.3m in the first six months of adding LCVs to its online daily auctions. The volumes of listings averages more than 500 each month. More than 300 dealers per month have placed bids for LCVs since November and the total volume of bids placed has exceeded 10,000. Sally Foote, ...
Read More »JCT York dealership is number one Volkswagen van centre
The JCT600 Volkswagen Van Centre in York has been named the UK’s number one dealer. This award is part of the Volkswagen One Business New Vehicle Awards. The One Business Scorecard Measures the commercial performance of a Van Centre across three key areas: commercial results, customer experience and customer loyalty. Kevin Howe, head of business at the York Van Centre, said: ...
Read More »Manheim sees surge in volumes of vans at auction in January
Cox Automotive reports a “record” number of vans pumping through auctions in January putting pressure on prices and conversion rates. Manheim Auction Services (MAS) and Manheim Vehicle Services (MVS) recorded a greatly encouraging 52% YoY growth of van arrivals – 10,372 vehicles in total. It said the increase in new LCV supply over the past year has caused many fleet, ...
Read More »Van charging infrastructure must be ‘ramped-up’
The Society of Motor Manufacturers & Traders (SMMT) has called for a ramp-up of van charging infrastructure to accelerate firms switching to electric. . The call came as it reported van sales up 8.4% in January, marking 13 consecutive months of growth and the highest January total since 2021. demand for new battery electric vehicles (BEVs) grew to 19.4% to ...
Read More »Dealers pass over poor condition vans at auction
Dealers are increasingly ignoring poor condition vans at auction requiring a lot of remedial work before going on sale. That’s the view of the Vehicle Remarketing Association (VRA) and its meeting of 2024. Julian Pullen, senior editor, commercial vehicles and motorcycles, cap hpi, said: “It used to be said that if a van needed £1,000 of work, it sold for ...
Read More »Yeomans opens new Volkswagen van centre in Exeter
Yeomans Group has opened a new Volkswagen Commercial Vehicle centre in Exeter.. The new Exeter facility brings the total Volkswagen Commercial Vehicles network to 64 Van Centres and 32 Authorised Repairers. Yeomans is ranked 65 in the Motor Trader Top 200 Dealer Groups with annual turnover of £244.2m Located at the Marsh Barton Trading Estate, the 18,500 sq.ft. showroom has ...
Read More »Van values fall 5.9% in October as tough economic conditions impact market
LCV values at BCA came under pressure in October falling 5.9% to £8,705. The auction house said buyers were reacting to the tough economic conditions affecting the wider market, particularly the small business sector. Following a brief recovery in September when values rose by £368 (4.1%) month-on-month to £9,247, the overall value trend in 2023 has fallen steadily since April’s ...
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