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The market for light commercial vehicles up to 3.50t GVW, typified in broad brush terms by Renault’s Kangoo on one end of the weight scale and Ford’s Transit box van on the other, still stands out as the best performing sector in this year’s West Europe’s vehicle market
So far this year, the Light-Commercial-Vehicle (LCV) segment has posted five healthy looking gains in five of the past six months. But apart from cold headline statistics, West Europe’s LCV segment also deserves added scrutiny because these distinctly unglamorous trade vehicles are also among the most profitable vehicles most mass car makers sell.
LCV demand, thanks in large measure to the seemingly inexhaustible expansion from Europe’s online shopping boom, has continued to outperform all of the regions other main vehicle sectors. Compared with West Europe’s still growing passenger car market and the market for heavy trucks, LCV demand continued to outpace both sectors
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