Truck registrations drop and vans drop further
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Registrations: down 42.3% in November and 8.9% to 352,597 for the rolling year.
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Trucks: down 19.1% in November, up 14.6% to 57,195 for the rolling year.
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Vans: down 46.9% for the month and down 12.3% to 295,402 for the rolling year.
“November saw another big dent in van and truck registrations,” said Paul Everitt, SMMT chief executive. “Vans are down nearly 50% for the month and some 12% for the rolling year. Truck registrations are down nearly 20% for November but look superficially good for the rolling year, with a near 15% rise on the back of orders won over the last year. Lead times are now back to normal but order intake is down over 50%. With much of industry shutting down over Christmas and into the New Year, we’re in for a bleak winter.”
