According to Ivor Searle, there is continuing strong demand for remanufactured major units for vans.
Serving over 1,500 factors across the UK and distributors throughout the EU, the leading remanufacturer has seen a surge in demand within the LCV segment in particular, alongside growing requirements for late model engines and hybrid units.
In the LCV market, demand is currently driven by fleet users extending vehicle replacement cycles beyond the usual 36-month leasing and warranty period, as well as by owner-operators and SMEs. Issues such as the cost of new vans and uncertainty regarding EV range, charging infrastructure and residual values are affecting purchasing decisions.
David Eszenyi, Commercial Director at Ivor Searle, explains: “According to the SMMT, LCV registrations have decreased each month this year, with a drop of almost 15% in June, while BEV adoption remains low at 8.6% of the market. Market trends indicate that factors like economic conditions and business confidence are influencing investment in new vans. As a result, vehicles remain in service longer, which can increase the likelihood of component failure and contribute to higher demand for remanufactured engines, gearboxes and turbos. Buying a new van, which can cost around £40,000, is an expensive process, whereas a replacement engine for around a tenth of the cost can keep a business on the road and minimise outlay.”
Growth in the LCV major units market for requires extensive and current parc coverage to meet the needs of factors and workshops. Ivor Searle addresses this by offering 90% van parc coverage and an ongoing new-to-range programme, with the latest introductions including engine and manual gearbox options for Volkswagen’s popular Crafter van range. If a stock or production engine isn't available, Ivor Searle also offers remanufacturing of customers' own units, enabling factors to provide workshops with a solution for almost any engine.
Factors are backed by an experienced sales and customer service team, plus a comprehensive e-commerce website that provides fast quotes, easy online ordering, vehicle registration look-up, searches by make, model, or engine code and provides technical information and installation instructions.
All Ivor Searle engines, cylinder heads, and gearboxes come with a transferable 12-month unlimited mileage parts and labour warranty for peace of mind. Turbochargers are provided with a two-year warranty. Additionally, each product includes pre-installation guidelines for workshops and model-specific instructions when necessary. The remanufacturer holds comprehensive stocks for excellent customer service and minimal vehicle downtime and offers free next-day UK mainland delivery on stock orders placed before 3.30pm. Ivor Searle aims to simplify engine exchanges by supplying specially designed cradles for safe engine delivery and return, streamlining the process for workshops.