HGVs Registrations SMMT News

November CV registration growth still in top gear

04 December 2003 #HGVs #Registrations #SMMT News

  • CV registrations up 9.5 per cent year on year to 31,000.
  • Year to November sees registrations up 12.7 per cent to 337,677.
  • Light CVs hit near all time record for the month.
  • Trucks slightly down in November and 6.5 per cent up for YTD.
  • Buses and coaches up 30.1 per cent in November and 8.5 per cent for YTD.
  • Month of November close to nine per cent of recent annual totals.

‘Strong commercial vehicle registrations reflect strong business-based demand and confident investment in the context of a healthy economy,’ said Christopher Macgowan, SMMT chief executive. ‘November’s registrations continued the torrent of very positive growth in the UK’s new commercial vehicle market over the year. The pace of growth has been unexpected, durable and most welcome. The monthly growth trend has now held firm since March and we are well on target to see the year out on a very high note, with the best annual registration total since 1989. The only issue is how close we get’

For full tables and analysis, please click on the link below.


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