Expert Blog

The rise in van registrations

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We’ve done the latest quarter’s car registrations. Now let’s do the latest quarter’s van registrations.

As the graph below shows, vans are still selling in unprecedented numbers. In the sixth months to this June, 191,966 light commercial vehicles (LCVs) were registered, which is the highest six-month total ever recorded. In the year to this June, 377,392 were registered, which is the highest annual total ever recorded. No wonder the SMMT is saying that ‘the market remains strong with all the signs pointing towards a healthy performance in 2016’.

And the trends behind this growth are the same as they were earlier in the year, too. You’ll notice that the red and black parts of our graph are expanding faster than the others. These stand for, first, registrations of pickups, which were 17.3 per cent higher in June this year than they were in June last year. And, second, for registrations of heavier vans (weighing between 2.5 and 3.5 tonnes), which were 11.3 per cent higher. These heavier vans now account for 62.5 per cent of the market.

In this way, it seems as though LCV drivers are choosing either the lightest or heaviest options; the middle sizes are being shunted out of the picture. In fact, a total of 25,676 vans weighing between 2.0 and 2.5 tonnes were registered in the year to this June – which is a full 15.9 per cent lower than the equivalent figure from last year.

The question, really, is: why? We won’t muddle this blog by delving into more statistics now, but we will return to the subject in future.

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