The Society of Motor Manufacturers & Traders (SMMT) has revealed that 11,546 vans were registered during January, totalling 219,450 registrations for the rolling 12 months. Whilst this represents a fall against previous years, it would seem that the market has stabilised.
According to Paul Everitt of the SMMT: “New van [...] registrations continue to reflect a weak economic recovery and businesses reluctant to commit to new investment." He added: “It is extremely important that government uses the upcoming Budget to encourage new investment in capital goods and help re-build business confidence."
