Total new light commercial vehicle registrations fell -3.2% YoY in March.

• Registrations of pickups (+40.6% YoY) and smaller sized vans (60.8% YoY) surged.
• Mid-sized and large van registrations both fell -8.5% YoY and -10.0% YoY.
• The decline, while compared with a particularly strong March last year, was the fourth consecutive monthly fall in new LCV market activity as weak business confidence continues to hold back investment in the very latest models.