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Marshall Motor Holdings Plc

New van market hits record high despite Brexit uncertainty

According to data from the Society of Motor Manufacturers and Traders, the number of new sub-3.5-tonne vans registered in March topped 66,000 – the most ever registered in the UK over the course of a single month. It is also a 10.6-percent uplift on the number seen in March 2018, when fewer than 60,000 new light vans were registered.

Much of March 2019’s growth came from the 2.5-3.5-tonne class, which makes up the majority of sales. Almost 41,000 vans in this weight category registered last month, up 13 percent on March 2018.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.