HGVs Registrations SMMT News

Commercial vehicle demand remains solid

06 April 2005 #HGVs #Registrations #SMMT News
  • Rolling year at 391,829 units, up 5.5 per cent on March 2004
  • March CV registrations down 753 units and 1.4 per cent to 54,925
  • Strong growth in car type pick ups, rigids 3.5 – 7.4t and three-axle sectors

‘The rolling year CV registration total is above 390,000 units and we expect that to continue’ said Christopher Macgowan, SMMT chief executive. ‘Investment in new vans and trucks is at a very high level and we predict total registrations will nudge last year’s record total. The immediate economic outlook continues to be good, despite slower growth in consumer spending.’


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