Van market continues strong start to year

The UK new light commercial vehicle (LCV) market grew for the third consecutive month in March, rising by 17.3 per cent to 47,634 units, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). Traditionally a large volume month due to the new number plate, the growth was amplified by comparison with a weak March last year, when chronic supply chain shortages drove the market down by -27.6 per cent.