HGVs Registrations SMMT News

Van and truck registrations holding steady

06 September 2007 #HGVs #Registrations #SMMT News

Van and truck registrations holding steady

* Rolling year registrations total at 380,372 units

* Vans down 3.7% for August, up 2.3% for the rolling year

* Trucks up 9.7% for August, down 15.8% for the rolling year

“August is a low point in the registrations calendar, with figures typically at some 6% of the annual total. So far, the rolling year total for vans and trucks, at 380,124 was only slightly down on the august 2006 total. Van volumes for the month are just below those for August 2006, while truck totals are up. All this is in line with our forecasts at the start of the year,” said Christopher Macgowan, SMMT chief executive.

“We think September truck registrations will look lame by comparison with last year’s massively distorted results, but by contrast, sales are already running well ahead of targets and will help bring the figures back to the long-term average by the end of the year”
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