HGVs Registrations SMMT News

Summer demand drives Autumn van registrations

04 October 2007 #HGVs #Registrations #SMMT News

· Rolling year registrations total at 380,131 units.

· Vans up 5.2% for September, up 3.3% for the rolling year.

· Trucks down 23.2% for the rolling year but back to average levels.

‘Truck registrations are close to average levels again after the massive market distortion caused by Euro 4 in 2006. Van registrations continue to rise, with heavy vans taking some 66% of van and 57% of total van and truck registrations,’ said Christopher Macgowan, SMMT chief executive. ‘Medium vans show the biggest percentage rise, up 48%, while light vans show the biggest drop, down 29.2%. The rolling year total for the complete sector at 380,131 was only 0.9% down on September 2006. This shows the predicted return toward the medium-term average. And with vans and trucks helping to deliver the benefits of strong economy, we expect a complete return by the year end.’


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