HGVs Registrations SMMT News

January commercial vehicle market points to strong business confidence

06 February 2014 #HGVs #Registrations #SMMT News
  • Total commercial vehicle registrations grew 5.3% in January to 19,939 units; rolling year total up to 328,299.
  • Vans rose 12.9% on the back of robust business confidence, accelerating the 12 months to January by 13.2%.
  • As expected, truck registrations stalled following move to Euro-6; the rolling year is up 22.6%.

UK van and truck registrations: 2014 and % change on 2013

Table

“The overall commercial vehicle market grew 5.3% in January as more robust business confidence boosted van registrations,” said Mike Hawes SMMT Chief Executive. “As expected, the pre-Euro-6 rush at the end of last year dented truck volumes in January – a market factor we expect to continue for some months. Looking ahead, SMMT is confident that van registrations will continue to grow at a sustainable rate, while truck demand should level out over the full year.”

Rolling year graph

Click through to download the full January 2014 commercial vehicle news release and data tables.

Filter News

Update Newsletter