HGVs Registrations SMMT News

Big drop in van and truck demand through 2009

07 January 2010 #HGVs #Registrations #SMMT News

 

  • Registrations: 16,131 in December; 221,132 for the year, down 36.2%.
  • Trucks: 2,094 in December; 34,746 for the year, down 39.5%.
  • Vans: 14,037 for the month; 186,386 for the year, down 35.6%.
New van and truck registrations in the United Kingdom – 2009
 
December
% change
Year
% change
Total
16,131
– 20.6%
221,132
– 36.2%
Vans
14,037
– 14.3%
186,386
– 35.6%
Trucks
2,094
– 46.9%
34,746
– 39.5%
 
“Van demand dropped sharply in 2009, though eased at the year-end. Truck registrations dropped further and faster in the final months of the year. Business demand and consumer confidence remains low and the effects of recession will be slow to clear in key parts of the commercial vehicle markets. It is essential that government helps to sustain economic recovery by encouraging capital investment and more affordable finance,” said Paul Everitt, SMMT chief executive.
 
For more, please see the attached document

 

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