New Van Registrations Are Down 4.2%

August is traditionally one of the busiest times of the year for van registrations as garages offer deals ahead of the release of the latest license plate update. After this new release, a short lull is common, however van registrations fell by 4.2% to 57,368 units in September this year - 3.1% year-on-year.

LCVs saw slight growth at 0.4% and larger vans were up 0.1%, however it appears business confidence has taken a hit recently due to political and economic uncertainty, and van owners are choosing to hold onto existing vehicles for the time being.

Insuring Your Vehicle, New or Old

Whether you decide to buck the trend and purchase a new commercial vehicle or think it's better to keep your old faithful for now, stay safe by keeping covered.

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