|
New LCV & truck registrations in the United Kingdom – 2007 | ||||
|
February |
% change |
Year-to-date |
% change | |
|
Total |
16,850 |
– 5.7% |
41,493 |
– 3.9% |
|
Light CV |
14,513 |
0.3% |
36,211 |
0.8% |
|
Trucks |
2,337 |
– 31.1% |
5,282 |
– 27.0% |
- Vans up 0.3% to 327,456 for the rolling year, but medium vans up 39.8%.
- Trucks down 31.1% to 53,616 for the rolling year.
- Since 1999, February has been a low point for van and truck registrations.
“High volume heavy and medium van registrations rose on the back of shifting demand patterns,” said Christopher Macgowan, SMMT chief executive. “By contrast, the smaller volume light van and car-type sectors lost ground. As expected, truck registrations are down dramatically. This reflects the drop in orders last autumn, caused by the change to tougher, Euro 4 emission regulations.
Overall, we expect both the van and truck markets for the year will be quite healthy and broadly in line with the five-year average. Strong domestic demand continues to drive commercial vehicle demand. Finally, many truck makers report large numbers of enquiries, reinforcing the ‘mixed messages’ from a turbulent few months.”
