HGVs Registrations SMMT News

November registrations: van and truck volumes show best rise of the year

06 December 2010 #HGVs #Registrations #SMMT News
·       Registrations: 22,834 in November, up 32.5%; rolling year up to 253,244 units.
·       Trucks: up 79.6% to 3,706 in November; but rolling year still down 8.8% at 33,378 units.
·       Vans: up 26.1% to 19,128 in November; rolling year at 219,866 is up 16.5%.

 “November saw the sharpest rise in combined van and truck volumes so far this year as demand continues to recover from a low base.  Van registrations have grown since February, whilst trucks surged recently, led by three-axle tractor demand, typically for rental and contract hire work,” said Paul Everitt, SMMT Chief Executive. 

“Next year will continue to be challenging as consumer and public spending tighten, keeping rolling volumes well down on pre-recession levels however further moderate growth is expected.”

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