HGVs Registrations SMMT News

CV market moves up in February, but truck buyers delay decisions

06 March 2013 #HGVs #Registrations #SMMT News
  • Commercial vehicle registrations rose 5% in February to 11,336 units, year-to-date up 5.4% at 30,267.
  • Van registrations grew 11.8% to 9,149 in the month continuing positive 2013 performance at 25,198 units.
  • Truck registrations fell 16.3%, to 2,187 units in the month and dipped 18.2% for the year so far.

UK van and truck registrations: 2013 and % change on 2012

February % change Year-to-date % change Rolling year % change
Vans 9,149 11.8% 25,198 11.9% 242,318 -4.8%
Trucks 2,187 -16.3% 5,069 -18.2% 44,572 -0.1%
Total 11,336 5.0% 30,267 5.4% 286,890 -4.1%

“The commercial vehicle industry’s good start to 2013 continued into February, rising 5% as the van market grew 11.8% on last year, but it’s a complex picture,” said Nigel Base, SMMT Commercial Vehicle Manager. “The truck market declined 16%, perhaps as owners and operators adjust buying decisions ahead of key landmarks in the year –  this month’s Budget, the CV Show in April and introduction of Euro 6 legislation at the end of the year.”

Click through to download the February 2013 commercial vehicle registrations news release and data tables.

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