July 2018 van market | Industry Intelligence

July 2018 van market sees pick-ups throttle up as overall market hits the brakes

Pick-ups enjoyed a hugely popular month in July, but their double digit performance couldn't mask an overall market decline

R By Ralph Morton

14 August 2018 2 min read

Pick-up popularity accelerates ahead, demand up 13.9%
But overall commercial vehicle market declines -5.9% July with 23,309 vans and pick-ups registered.
Year-to-date demand down -2.7% compared with 2017, but market remains strong.

PICK-UPS are the thing of the moment, accelerating ahead in July to record double digit growth.

Van registrations rolling year totals July 2012 to date 2018 chart

But while pick-ups stamped on the throttle, other van sectors hit the brakes as the market declined -5.9% in July, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

Van bestsellers July 2018 The SMMT said 23,309 vans and pick-ups were registered last month

Pick-ups enjoyed a particularly popular month, with a 13.9% uplift in registrations, demand for small (-2.8%), medium (-28%) and large vans (-2.7%) declined.

Van registrations 3-5T year to date registrations and split July 18

SMMT said that year-to-date registrations were down -2.7%, with 204,005 new LCVs joining British roads since January. SMMT pointed to fluctuating fleet buying cycles coupled with ongoing low business confidence as the reason

Van July 2018 overview month YTD Mike Hawes, SMMT Chief Executive, said: