Ford Transit 2015 Golden ConvoyVan-dependent businesses contributed £120 billion to the UK economy in 2014 – a rise of 16% on 2010 and a similar amount to the entire Swiss economy.

It’s the growth in online shopping that’s a key driver in the expansion of businesses dependent on vans, says Ford.

The firm commissioned a study from the Centre for Economics and Business Research for the Transit’s 50th year, to find out the economic impact of the van sector it helped create in 1965.

This reports that van-dependent businesses inject more than the UK national deficit into the economy annually, leading Ford of Europe COO Barb Samardzich to comment that people don’t realise just how important vans are for the overall economy.

More so than ever, she believes. “As our economy changes and evolves – with shifts to online shopping for example – demand for Transit is only rising.”

Indeed, the on-going growth in online shopping means Ford van sales are up 27% on a year ago: every 1 in 4 CVs sold in Britain wears a Ford Transit badge (and, with 2.5 million registered in the UK, it’s been the best-selling van every year since its introduction).

In the CEBR also found economic benefits from van usage extends to the tax contribution to public finances.

British van drivers drove 64 billion miles last year, for example, a rise of 20% on 2008.

Fuel duty contribution to the UK economy? A cool £5 billion…

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