Business stays shy of renewing vans and pick-ups
VAN demand dropped sharply in 2009, though there were signs of recovery at the end of the year, according to 2009 sales figures released by the Society of Motor Manufacturers and Traders.
Sales of light commercial vehicles up to 3.5 tonnes fell 35.6% in the full year to 186,386 vehicles, though the drop in December was only 14.3%, to 14,037 vehicles, as the scrappage scheme helped the market to recover. In the fourth quarter, LCV sales fell 11.7%, to 44,022 units.
“Business demand and consumer confidence remains low and the effects of recession will be slow to clear in key parts of the commercial vehicle markets. It is essential that government helps to sustain economic recovery by encouraging capital investment and more affordable finance,” said SMMT chief executive Paul Everitt.
|Dec 09||% change||2009 total||% change|
|4×4 utility vehicles||420||+88.3%||4,290||-10.8%|
|Total LCV <3.5t||14,037||-14.3%||186,386||-35.6%|
If you want to know more about the government’s scrappage scheme and how your business could benefit from an additional £2000 towards a new van, read our Advice Centre article How to take advantage of the scrappage scheme – UPDATED