ExpertEye European Automotive Report Q2 2016 | Page 15
Light Commercial Vehicle RV Trends
.
Practicality, fit for purpose and need are the key things to consider with setting RVs for any LCV. For example it is of less use and therefore
more limited appeal if a vehicle has a large volume load area where much of the floor space is obstructed by sills and wheel arches etc.
Unlike the more commoditised passenger car, LCV sales and used values tend to move in line with the economy rather than fashion. Since
some of the recent economic volatility has not been forecast by economists
the trend in LCV RVs have generally been more stable. This creates a risk
when the vans get sold as a used vehicle into that volatile and therefore
more depressed market place.
Ireland is the second largest right hand drive market in Europe but its total
LCV sales in 2015 were only 6.3% of the UK’s therefore unlike in the rest of
Europe where cross border trading is possible, the UK LCV market is selfdetermining resulting in the much lower RVs seen.
36
34
32
30
28
26
24
22
20
18
16
14
12
10
2010
% RV - V5 Small Panel Van Diesel Segment
2011
EU Average
Spain
2012
France
Portugal
2013
2014
Germany
UK
European Automotive Report - 2016 Quarter 2
2015
Italy
2016
36
34
32
30
28
26
24
22
20
18
16
14
12
10
2010
36
34
32
30
28
26
24
22
20
18
16
14
12
10
2010
% RV - V1,2,3 CDV & Small Compact Vans Diesel
Segments
2011
EU Average
Spain
2012
France
Portugal
2013
2014
Germany
UK
2015
Italy
2016
% RV - V7 Large Panel Van Diesel Segment
2011
EU Average
Spain
2012
2013
France
Portugal
2014
Germany
UK
2015
Italy
2016
Source: Experteye AG. Figures based on 48 Months / 150,000 KM forecasts
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