Record-Breaking Start For Mercedes-Benz Vans
By Kyle Lindsay
Monday, April 17, 2017 - 13:45
Mercedes-Benz Vans UK Ltd is celebrating a record-breaking start to 2017, with an 18% increase in vehicle registrations (8,813 vans) during the first quarter compared to the same period in 2016.
This success is also matched by the brands’ best ever March registrations (6,182 vehicles), which is a 12% increase. This is the second biggest registration month ever for Mercedes-Benz Vans in the UK.
In fact, registrations for the brand overall have grown by 14.5% in a market which has only expanded by 2.6%, compared to Q1 2016. Vito volume in particular has increased by 44% during the first three months of this year, compared to the same period in 2016, with Citan growing by 7% in the small van market that has decreased by 13% so far this year.
Mercedes-Benz Vans is therefore the only manufacturer to increase volume year-on-year in all van segments.
In terms of official used sales figures, nearly 3,000 pre-owned Mercedes-Benz Vans sold across the Dealer network and directly from Mercedes-Benz Vans Wentworth Park in Q1 – a record amount, with March seeing the highest ever monthly volume of used van sales funded by Mercedes-Benz Financial Services.
The first quarter also marked a record for Mercedes-Benz Financial Services terms of new and used vans financed, which increased by 22.8% from Q1 2016 to £82.3 million. Within that number, March was the best ever month for MBFS, with £49.8 million of new and used vans funded.
From an after sales perspective, March also saw a best ever result for Customer Pay Net Revenue, an increase of 15% vs March 2016. During Q1 2017, 40,070 vans came through the Mercedes-Benz Van Dealer Network – an increase of 7%, representing the most ever vehicles for the Network. To top it all, 4,197 ServiceCare Plans were activated in Q1, which is an increase of 20% and again marks a best ever result.
Steve Bridge, Managing Director, Mercedes-Benz Vans UK Ltd, said: “I always say that as a brand, we have the right products, people and processes to keep our customers’ businesses moving, so to have these outstanding figures across the board so far this year, proves that to be the case.
“We’ve also already won four awards in 2017 to add to our massive haul of over 100 awards and accolades received since 1995, which again proves that independent journalists and customers agree that the Mercedes-Benz Vans offering is the best choice for van owners and operators.
“Of course, behind all of these astonishing numbers is a fantastic team at head office and across our nationwide Dealer network, so I’d once again like to publically thank all the hard working women and men across our brand for the contribution they make not only to our business, but to our customers’ businesses too.”