HGVs Registrations SMMT News

October delivers mixed messages on new CV registrations

06 November 2006 #HGVs #Registrations #SMMT News

– CV registrations distorted by Euro 4 and atypical seasonal trends

– October registrations up 0.6% to 29,792, year to date up 0.7%

– All CVs rolling year total down 0.6% to 388,215 units

‘October was a mixed bag for the UK’s new commercial vehicle registrations,’ said Christopher Macgowan, SMMT chief executive.’The change from Euro 3 to Euro 4 emission standards and the end of the Reduced Pollution Certificate scheme dramatically distorted the heavy truck market. Elsewhere, medium and heavy vans saw the best October total in the past 10 years, a sign of the sustained strength of these new van markets and perhaps the approaching January 2007 deadline for new vans to meet Euro 4 emissions laws.’

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