CPD Insight: July LCV Market Dip Underscores Long-Term Opportunity for Fleets

The latest SMMT figures reveal a -5.1% drop in new LCV registrations for July 2025 – marking eight consecutive months of market decline. For many operators, tough economic conditions and low confidence are delaying investment decisions. But for forward-planning fleets, this presents a clear advantage.

At CPD, we’re working with customers who want to avoid supply chain delays and take a phased approach to fleet renewal. With stock on site and build slots ready to go, we’re enabling businesses to:

• Replace high-mileage vehicles before downtime becomes a problem
• Access competitive finance options to ease capital pressures
• Introduce electric vans for specific routes or urban operations
• Trade in vehicles via our de-fleet programme

Despite the overall market dip, electric van uptake rose by 72.6% in July, with nearly 2,500 BEVs registered – showing clear momentum in the transition to zero-emission vehicles. But BEVs still only account for 8.8% of the market – well short of the 16% mandate.

What This Means for Fleets

Now is the time to get ahead. Operators who plan early can secure compliant vehicles, manage budgets more effectively, and avoid last-minute decisions when demand rebounds. We're here to support you with practical advice, stock availability, and sustainable build options tailored to your trade or sector.

Reference: SMMT data published 5 August 2025: https://www.smmt.co.uk/eight-months-of-decline-for-new-van-market-puts-strain-on-ev-ambitions/