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UK New Van Market Growth

New van registrations have increased by 6.4% to 14,135 vehicles in February 2018 which has proven to be the best February performance in a decade, according the the Society of Motor Manufacturers and Traders.

Mike Hates, SMMT Chief Executive stated “February is typically a quiet month as buyers await the March plate change so the rise in demand in welcome news. However, with so much uncertainty in the UK at the moment and weak business confidence, we can expect further fluctuations in demand for the rest of the year.”

February saw the Ford Transit Custom as the most popular LCV with 2064 sold, followed by the Ford Transit (1831 units) and the Mercedes-Benz Sprinter (970).