As we all get back to work again in January and start a new year, it is worth looking at the trends that 2015 has highlighted for the commercial van industry. Quarter 1 of 2015 in fact saw a record number of commercial van sales with the latest figures from the Society of Motor Manufacturers & Traders (SMMT) providing exciting news for us in particular as a leading manufacturer and supplier of innovative handling and safety equipment for vans and other commercial vehicles.
Government statistics went one step further to reveal that in light of recent developments and trends it is estimated that there will be 6 million light commercial vehicles (LCVs) on the road in the not so distant future compared to the 3.7 million present now.
The statistics behind the story
According to the SMMT, between January and March 2015, 108,456 vans and trucks were registered in the UK, figures that make quarter 1 of 2015 the best on record.
As many of you may know, the commercial van industry in particular suffered badly during the recession so these statistics are music to the ears of both the new and established haulage and transport companies currently taking charge of the sector. The latest quarterly figures reveal demand is getting stronger and the wider sector more confidently investing in the vehicles that can deliver the goods and services needed, a far cry from 2009 when just 221,132 commercial vehicles were registered throughout the entire year. At Hope Technical Developments we have seen record production numbers right across our product range.
The top ten van registrations
As part of the SMMT survey, a number of commercial van models topped the tables in regards to registration numbers. So far the following models have garnered the most UK registrations as documented here:
- Ford Transit Custom – 12,627
- Vauxhall Vivaro – 7,449
- Volkswagen Transporter – 5,765
- Peugeot Partner – 5,611
- Ford Transit – 5,276
- Citroen Berlingo – 5,207
- Mercedes-Benz Sprinter – 5,012
- Ford Transit Connect – 4,096
- Renault Trafic – 3,368
- Peugeot Boxer – 2,844
Why the big sales boost?
There is no doubt that things are looking up for the commercial van and truck industry, with more and more firms willing to invest in their fleet, but with the December events of Black Friday and Cyber Monday comes new statistics that could see van sales driven even further. The rise (and rise) of online shopping deliveries, courtesy of better browsing on smartphones and tablets, has helped to increase the purchases of new commercial vehicles by 22% so could new UK consumer confidence be the real reason behind the sales surge seen in the past year?
No doubt by the time we reach the Commercial Vehicle Show at the NEC in April we will know how 2016 is shaping up. Come and see us in Hall 5 on stand D109 – we are ready for more record figures all round.