August 2020 New LCV Registrations

August 2020 New LCV Registrations

4th September 2020

LCV market drops by -16.1% as businesses wait for plate change

  • UK light commercial vehicle (LCV) registrations decline by -16.1% during the traditional ‘quiet’ month for registrations
  • 19,407 vans registered as businesses await plate change month and clarity over economic outlook
  • YTD sales down -36.4%, equivalent to almost 90,000 units.

Friday 4 September, 2020

The UK new light commercial vehicle (LCV) market returned to decline with a -16.1% decrease in demand, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). In total, 19,407 vans and pickups were registered during what is traditionally the quietest month of the year for registrations.

Declines were recorded in all classes of vehicles, notably vans weighing more than 2.5 to 3.5 tonnes (-18.2%) and vans weighing less than or equal to 2.0 tonnes (-35.0%). Even so, the market was more robust than originally predicted, but LCV registrations are still down by -36.4% year to date.

Mike Hawes, SMMT Chief Executive, said,

August is traditionally a quiet month as fleets wait for the new September plate, so even small volume declines can look big in percentage terms.

However, with this sector particularly sensitive to the economic outlook, which remains uncertain, we urgently need measures to restore operator confidence to invest and renew their fleets – vital for achieving the government’s environmental and air quality goals.

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  • August 2020

August 2020

TitleDescriptionVersionSizeHitsDate addedDownload
Van registrations rolling year totals Aug 2014 to-date 2020 chart 258.94 KB35409-10-2020 DownloadPreview
Van registrations rolling year totals Aug 2014 to-date 2020 chart 148.27 KB40007-10-2020 DownloadPreview
Van registrations 3 5T year-to-date registrations and split August 20 238.38 KB39309-10-2020 DownloadPreview
Van registrations 3 5T year-to-date registrations and split August 20 126.28 KB36307-10-2020 DownloadPreview
Van bestsellers Aug 2020 316.81 KB35609-10-2020 DownloadPreview
Van bestsellers Aug 2020 236.19 KB37707-10-2020 DownloadPreview
Van Aug 2020_overview_month YTD 392.48 KB36409-10-2020 DownloadPreview
Van Aug 2020_overview_month YTD 239.20 KB39007-10-2020 DownloadPreview
SMMT New LCV registrations August 2020 428.70 KB32507-10-2020 Download
LCV August summary 290.66 KB38207-10-2020 DownloadPreview
CV_08_2020 205.00 KB31707-10-2020 DownloadPreview

Notes to Editors

About SMMT and the UK automotive industry

The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.

The automotive industry is a vital part of the UK economy accounting for £82 billion turnover and £18.6 billion value added. With some 168,000 people employed directly in manufacturing and 823,000 across the wider automotive industry, it accounts for 13% of total UK export of goods and invests £3.75 billion each year in automotive R&D. More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,400 component providers and some of the world’s most skilled engineers.

More detail on UK automotive available in SMMT’s Motor Industry Facts 2019 publication at  smmt.co.uk/facts20

Broadcasters

SMMT has an ISDN studio and access to expert spokespeople, case studies and regional representatives.

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