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Van and truck registrations climb 16.4% in 2010

07 January 2011 #HGVs #Registrations #SMMT News

 

Van and truck registrations climb 16.4% in 2010
 
·       Registrations: 20,260 in December, up 25.6%; full year 2010 up to 257,373units.
·       Trucks: up 51.6% to 3,174 in December; full year at 34,458 units just 0.8% down.
·       Vans: up 21.7% to 17,086 in December; full year at 222,915 units, up 19.6%.
New van and truck registrations in the United Kingdom – 2010
 
December
% change
Full year
% change
Rolling year
% change
Total
20,260
25.6%
257,373
16.4%
257,373
16.4%
Vans
17,086
21.7%
222,915
19.6%
222,915
19.6%
Trucks
3,174
51.6%
34,458
-0.8%
34,458
-0.8%
 
 
 
 
 
 
“During 2010 van and truck registrations posted one of the strongest annual rates of growth ever, at 15.9%, as volumes started to recover from the recession,” said Paul Everitt, SMMT Chief Executive. The van market rose in all but one month in 2010, boosted by better than expected business confidence and improved output from the construction sector. Truck registrations grew rapidly in the second half of 2010 and ended the year on par with 2009 levels. “While we still have a long way to go to get volumes back to pre-recession levels, we expect more growth in 2011 and 2012,” he continued.

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