What's New in The World of Vans?
There was plenty of good news for the van industry and van drivers themselves during August, as well as an exciting new electric van launch that hopes to rival the very best on the market.
Here’s what’s been happening in the world of vans over the last month.
UK Van Sales Continue Recovery
After four months of decline, it was announced at the beginning of August that the van market had grown for the first time since January 2020. New registrations increased by 7.1% compared to the same period in 2019.
The Society of Motor Manufacturers and Traders (SMMT) made the announcement and also revealed the top ten selling vans during the recent market increase. The Ford Transit Custom was the most popular, with 3,405 units sold during July. This is hardly a surprise as it has been the UK’s best selling van ever since it was launched. The Mercedes-Benz Sprinter came in second with 2,581 sales, and the standard Ford Transit was third with 1,785 sold.
The French-owned but British-built Vauxhall Vivaro was the fifth best selling van with 1,381 sales.
Lockdown Lowers Van Insurance Premiums
The latest quarterly figures from data analytics company Consumer Intelligence were also published in August. They revealed that insurance premiums for van drivers dropped 2.3% on average during the past three months.
The number of vans on the road massively decreased during the lockdown with so many businesses closing due to the pandemic. Fewer vans on the roads means fewer insurance claims and insurance companies are passing those savings on to their customers.
The insurance premium drop isn’t likely to last very long though. The Pricing Manager at Consumer Intelligence, John Blevins, said: “As motorists take back to the roads now lockdown has eased, with perhaps even more vehicles on the road than before with people avoiding public transport, claims numbers are likely to rise and so, too, will premiums.
“As businesses start to reopen and van traffic increases, we will watch with interest how this market moves forward. As always, claims frequencies and severity will drive premium movements.”
The average UK van insurance premium at the moment currently stands at £1,065.
Fiat Launch New All Electric e-Ducato
Fiat launched their first zero-emissions commercial vehicle in the form of the new all-electric e-Ducato van. The company hopes it will rival the likes of the Vauxhall Vivaro-e, the Citroen e-Dispatch and the Mercedes e-Vito.
The e-Ducato features an electric motor on the front axle which produces 121bhp and 280Nm of torque which enables the van to carry a payload weighing up to 1,950kg. The top speed of the Fiat e-Ducato has been capped at 62mph to maximise the vehicle’s range, which reaches 192 miles off a full charge of the 79kWh battery pack. The 47kWh battery option has a range of 99 miles and can be fully charged in two hours and 25 minutes when plugged into a 50kW DC fast-charger. The larger 79kWh battery reaches full charge in around four hours from the same fast-charger. The e-Ducato also features four drive modes, including ‘Normal’ for a balance of performance and efficiency, and ‘Eco’ which helps maximise the range.
Incorporating the Government’s £8,000 plug-in van grant, the Fiat e-Ducato price range starts at £47,675, excluding VAT.
If you need a van and want the best prices available with flexible pricing options, call UK Vans Direct on 01709 717200 or email email@example.com.