HGVs Registrations SMMT News

Growing van market continues to drive CV registrations

06 October 2014 #HGVs #Registrations #SMMT News
  • September CV registrations up 10.8% to 54,497 units; 269,456 commercial vehicles registered so far this year, up 12.6%.
  • Van market continues to drive growth; up 18.1% year-to-date to 242,071, and 14.1% in September to 49,123 units.
  • Truck registrations fell by 12.3% in September, continuing trend for the year-to-date – down 20.3%. Rolling year totals remain strong due to the pre-Euro-6 rush in late 2013.

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

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

 

“With businesses feeling increased economic confidence and downsizing from larger vehicles, the van market has delivered another strong performance. This has also yielded growth in the whole commercial vehicle market, continuing the positivity seen throughout the majority of the year.” said Mike Hawes, SMMT Chief Executive. “We are yet to see the truck market show signs of significant recovery following a flurry of registrations ahead of the Euro-6 introduction last year, which tempered demand going in to 2014.”

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

 

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

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