HGVs Registrations SMMT News

Strong demand for vans continues to carry commercial vehicle market

04 September 2014 #HGVs #Registrations #SMMT News
  • Commercial vehicle market grows 11.9% in August, increasing registrations to 214,959 for the year-to-date, up 13%.
  • Continued growth seen in van market; up 22.3% in August and 19.1% to 192,948 units for the year-to-date.
  • Truck registrations down 22% for the year-to-date, with a fall of 22.7% in August continuing the trend. Rolling year totals remain strong, up 12.9%, fuelled by the rush in late 2013 for pre-Euro-6 vehicles.

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

Chart 1

“Strong van registrations have led to another month of continued growth for the commercial vehicle market, with the demand for light commercial vehicles continuing to build,” said Mike Hawes, SMMT Chief Executive. “The truck market is still seeing the effects of a particularly strong end to 2013 ahead of the introduction of Euro-6. Stability will return to the market, although expectations for the year remain subdued.”

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

Chart 2

 

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

 

 

 

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