UK LCV registrations decline in November 2025: SMMT

Core Insights - Registrations of new light commercial vehicles (LCVs) in the UK fell by 22.2% in November 2025 compared to the same period last year, with a total of 23,570 new vehicles registered [1] - Over the first 11 months of 2025, LCV registrations dropped by 11.4% compared to the same period in 2024, attributed to subdued business sentiment and economic conditions [2] - The major segment of large vans saw a decline of 19.7% in November, accounting for 69.8% of overall LCV sales [2] - Medium-sized vans experienced a decrease of 20.5%, while registrations for new 4×4 vehicles and small vans declined by 10.3% and 53.8% respectively [3] - Pickup trucks recorded a drop of 34.8%, marking their second consecutive monthly decline [3] - Battery-electric van (BEV) registrations increased by 25.3% to 2,909 units in November, representing a market share of 12.3% [3] - BEV registration numbers rose by 44.7% over the year, totaling 27,159 units since January, but only account for 9.4% of total LCV registrations, below the government-mandated target of 16% [4] - Registrations of new heavy goods vehicles (HGVs) in the UK reduced by 14.5% year-on-year during Q3 2025, with 9,272 new HGVs entering service [5]