HGVs Registrations SMMT News

Van volumes deliver but demand for Euro-6 trucks still subdued

06 August 2014 #HGVs #Registrations #SMMT News
  • Total commercial vehicle registrations increase by 25.8% in July, up 13.1% for the year-to-date and 18.4% over the rolling year.
  • Van market maintains a period of strong growth, up 34.5% in July and 18.9% over the year-to-date to more than 180,000 units.
  • Truck registrations fell by 16.3% in July, down 21.9% over the year-to-date following a surge towards the end of 2013 due to the introduction of Euro-6. The rolling year total remains up 16.4%, following increased activity last year.

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

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

“The commercial vehicle market has delivered another strong month overall, driven by an impressive number of van registrations. This reflects growing business confidence in the economy and the variety of highly capable and efficient vans on the market,” said Mike Hawes, SMMT Chief Executive. “The truck sector is continuing a downward trend brought about by an influx of orders at the end of 2013 due to incoming Euro-6 standards. There is increasing positivity in the market, however, which should see registrations return to normal levels over the coming months.”

Van and truck registrations – rolling year trends Jan 2010 to date

Van and truck registrations - rolling year trends Jan 2010 to date

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

 

 

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