HGVs Registrations SMMT News

Continued growth for commercial vehicle market in August

04 September 2015 #HGVs #Registrations #SMMT News
  • CV demand picks up the pace, with new registrations rising 15.3% in August.
  • Strong year-to-date performance pushes demand up 19.0% to 255,849 units.
  • Trucks lead sector growth, while pick-ups and heavy vans drive 14.3% light duty increase.

Friday 4 September 2015 Following a slightly calmer July, the new commercial vehicle market picked up the pace in August, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Overall registrations increased 15.3% year-on-year, while van demand rose 14.3%. The biggest growth was enjoyed by the truck sector, with registrations up by 20.2%.

UK van and truck registrations: 2015 and % change on 2014

August % change Year-to-date % change Rolling year % change
Vans 14,467 14.3% 225,417 16.8% 354,155 17.2%
Trucks 2,887 20.2% 30,432 38.3% 49,890 -0.2%
Total 17,354 15.3% 255,849 19.0% 404,045 14.8%

 

Mike Hawes, Chief Executive, SMMT, said, “August’s registration figures are further evidence of the commercial vehicle sector’s return to form in 2015 after a year of regulatory upheaval. With certainty now restored, fleet renewal patterns are returning to normal, buoyed by the continuing growth in demand for online deliveries.”

CV chart

 

Click through to download the full August 2015 commercial vehicle registrations news release and data tables.

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