HGVs Registrations SMMT News

Truck growth and van registrations stable in May

06 June 2007 #HGVs #Registrations #SMMT News

· Van registrations fall 2.5 per cent in May.

· Trucks see only second month of growth over the past 13 months.

· Trucks still 12 per cent down on the average for May 1999 to 2005.

 

New van and truck registrations in the United Kingdom – 2007

May

% change

Year-to-date

% change

Total

30,798

– 0.2%

157,861

– 4.9%

Vans

26,844

– 2.5%

139,637

1.1%

Trucks

3,954

18.4%

18,224

– 34.8%

 

 

 

 

‘The firm growth in total light commercial vehicle registrations slowed slightly in May but demand is still very healthy,’ said Christopher Macgowan, SMMT chief executive. ‘Truck figures still suffer from the market distortion caused by last year’s digital tachograph and Euro 4 introductions. Truck makers report good enquiries and orders, though it will be some months before these show as registrations. We’re confident that we’ll get back to an annual volume of 54,000, the average for the sector over the past decade.’

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