Analysis by Jato reveals that in the period to the end of August 2007, the LCV market had posted a rise of 6.1% over the same period in 2006.
An additional 81,688 units have been sold compared to 2006, taking the total volume to 1,423,430 vehicles.
“These are very satisfactory figures for the industry,” said Nasir Shah, global business development director for JATO.
“The European car market is quite tough this year, so the commercial success of LCVs is a welcome shot in the arm for many manufacturers.”
With a 46% share of the overall LCV market, the ‘small’ commercial sector is easily Europe’s largest light van and truck segment.
The Ford Transit is the market leader of the segment, ahead of the Volkswagen Transporter (and derivatives), Mercedes-Benz Sprinter, Fiat Ducato and Renault Trafic.
Car-derived vans represent the next largest segment, with a 39% share of the overall market. The segment is led by the Citroën Berlingo, and followed by the Renault Kangoo, Volkswagen Caddy, Ford Transit Connect and Peugeot Partner.