As new van registrations rise, LCV specialist offers insight into what’s to come for national market and business closer to home
Leading commercial vehicle dealer David Spear is one firm that always has its finger on the pulse in regards to the very latest industry insights, and recent statistics from the Society of Motor Manufacturers & Traders (SMMT) make for great reading in comparison to previous months.
New van registrations have risen by 1.8% with some 37,349 units registered in June 2017. This increases comes after four consecutive months of decline with light commercial vehicle registrations falling by 5.3% during May alone.
“The increase in registrations is largely driven by the booming pickup market, which continues to perform well. As in the previous 17 months, registration of pickups has remained high, with figures released for June charting a 14.2% rise. As a result, almost 5,000 units were registered and joined British roads. This trend has been reflected in our own stock with pickups and smaller vans selling particularly well,” said Owner David Spear.
Demand for small vans, weighing less than 2.0t rose by 2.3% during June, whilst medium sized vans (weighing between 2.0t and 2.5t) also witnessed a significant rise in registrations.
With their carefully selected range of LCVs and pickups, David Spear has been at the forefront of activity in recent months. The LCV dealer’s recent acquisition of a second site in Cardiff has also meant a greater range of customers, predominantly commercial vehicle drivers and fleet managers, can be served. Alongside their headquarters in Tredegar, their Cardiff showroom works with customers across the M4 Corridor, Wales, South West England, the Midlands and the rest of the country.
“Our Cardiff showroom and recent developments at our Tredegar headquarters means we can provide the award winning service that we have become known for. Things are looking good for the year ahead with a 12% rise in sales year on year and a 20% increase YTD. In addition to site additions and improvements our stock of new and nearly new commercial vehicles has been a defining factor. Our marketing activities have also paved the way to not just establishing us as a leading provider of commercial vehicle advice, news and insights but reaching people looking for great quality LCVs that offer excellent value for money,” concluded David.
Recent market trends are expected to continue with models Ford Transit Custom, Mercedes-Benz Sprinter and Ford Transit proving to be bestsellers both during June 2017 and year to date.