Fleet News

Van sales plummet as recession begins to bite

The harsh realities of Britain’s economic downturn began to manifest themselves in the van world last month as sales of LCVs fell by 24.7%.

Although strong sales figures earlier in the year offset this fall to make a yearly drop of just 4.1%, some manufacturers saw some disastrous figures in August.

LDV for example, was down 30% while Mitsubishi was down 35%.

SMMT chief executive Paul Everitt said: “August is traditionally a month for low registrations.

"That, and the economic situation which is slowing spending, means a big drop in van figures.

“In the short term, van registrations will continue to struggle, though the truck sector is holding total CV figures close to the three-year average. In the longer term we expect an overall and marked downward trend.”

There were smiles all round at Peugeot, however, which bucked the trend with a yearly increase of 11%.

A spokesman said: “We have seen strong growth in small business sales with the Peugeot 207 and strong sales from the recently-introduced new Partner and Bipper vans.

"Combined with our strong green credentials – the Peugeot Bipper and the 207 vans both have CO2 emissions below 121g/km – Peugeot’s range of light commercial vehicles is now one of the newest and most comprehensive ranges available.”
 

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