Page 8 - ITUK Press Cuttings 2017
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SMMT
                                                                                      DRIVING THE
                                                                              MOTOR INDUSTRY



              rccord nwnborofnow vans and pickups hit A*Esh  rosds
              in 2[}16 aecordng  to &re lstest figures rebased by the
              Society of Motor  ltianulacdrrers  and Traders  (SMMTI.
              375,687 neu ligfit cornmereials wers rcgistored  during  &i :  1;,,1r.?'li:i 1i'ii ;  ;-.
                                                                    .j'i
     tte year - the ffihest  ever levd - and marks the four$r consecutive  .;i...f it i,r:: 1".i  "   i;,,;
     year of growth.
                                                                 .MONTH:  DOWN  -10.4(l%TO
     .   N6w light commercial  vehicle  registrations riso 1.O7o to 375,687  27,239
         units in ?O16 mad<ing  four ymrs of consecuti\re groyvth  .YTD:  UP 1.04%  TO 375,687  "*":
     '   Pickups drive  growth,  with 47,715leaving showrooms  in the                            &
         past  12 months  an uplift at 17 .6%                                                       ,&  t*4
                     -
     r   Overall rnarket lalls -10.4%  in month  followirq bumper
         kcember  2015  -  only the fourth month of decline in 2016
                                                                                          i  r'i..r.:  i-.1 :r l.:'.1 l:  :,-::.:l;:,...:
     DECEMBER  2016
                                                               {#                          .MONTH:  DOWN  -29.39% TO
           $[ 9*fr *E$ifAilII$tS Rolt]rg  tr€{ t#s Owtl#;r S10 to dde                               2,371
      :$s,s6$
                                                                                          .YTD:  DOWN  -14.18o/o TO 36,S18
                                                               t&
                                                                    :
                                                                s
      34S.f,AS                                                       &;*
                                                                         *&  tW
      3S*,*q*
                                                                  l,:',::':i.,.:.  :  i:'l:i-.;1:r'ri   ,'  :.].,  lt   t,

     i$c,&sfl
                                                                .  MONTH: UP 23.73o/o'fO  4,077
     i3&;uffi
                                                                'YTD:  DOWN  -2.49o/o10  53,787  @::
      i**.*ffi                                                                                      t&  i*a
           *:*{  Jr,$} Srq  .}relr C$* .}l#i Sr(  ,&r0 Sse  '}rltl  **e  .!rl;l Ox
           ;9r& ;01S e*f} 3e!1 asi, e*u ar13 afr* ;$r4 s*{a a&s :fis *f1*
                                                                                           t,1;'.il:,r  ;:'il..i.:i';':  ::t i: 11.1 r,  i
       The record  uras achiwd  depite  a dorarntum  in kember,  u*tsr                         l',.'."r;.j:ui,:..i   .i-: :,r :,j
     regtstrations  fdl ior onty  tha iourth time  in 2016. Despite the -10.4% fatl, it
     was  stitl the second biggest Decenrber on rmord after 2015's all-time  record         .MONTH:  DOWN  -17.3% TO
                                                                                                    16,902
     month  when  dernand  grew by 14,6%.
       Overall in 2016, plcklps  $rere the biggest  success  story of the yar with
                                                                                            .  YTD:  UP 4;I7o/oTO 232,945
     47,715 vetlicles  leaving showroorns  - an uplift of 17.6%.  The  ryrment   grew
     significantty  in anary month  except  for January,  cukrinating  in a bumper
     Decarnber  whsr dernand  rose 52.2%. Meanrivtile,  hearry vans we{;hing  2^5-
     3.5T  also grew  in the year by 4.8% la 232,948 units to take a 62% nrart<et
                                                                i.i l i1,i'{";  r'r l*i:, fl::i ;-:iil  rj.;.]
     share.
                                                                 "l  ii  ir ::":, ii.il-.iii:in ii ;.'$.
       Mike Hzures, $MMT Chief  Executive, saidl 'Another record  year for
     light commercial  vehicles  is great nflrs - even with  rnarginal growih - and
                                                                -MONTH;  DOWN  -17.21  TO 5O5
     undedines  the fundarn€ntal  strength  ofthe sestor.  To srsure  njture fleet                             'I
     inwstment  and  growth  in this  important  rnarket,  buryers  - and rnanufactur€rs  .YTD:  DOWN  -3.95 rO 7,685
     - are looking  for a skong econorny  ard brusiness  environment."



       :0 runy1:0],] - Mererco.uk
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