HGVs Registrations SMMT News

Strong start for trucks; January registrations up 59%

04 February 2011 #HGVs #Registrations #SMMT News

 ·       Registrations: in January, up 49.8%; rolling year to January 2011 up to 263,895units.

·       Trucks: up 58.9% to 2,467 in January; rolling year at 35,372 units up 6.3%.

·       Vans: up 48.6% to 17,154 in January; rolling year at 228,523 units, up 22.7%.

“Strong growth continues for van and truck registrations although uncertainty remains over the year ahead,” said Paul Everitt, SMMT Chief Executive. “A 50% rise in the van market and 60% for trucks is a good start to the year but next month’s Budget could prove crucial if freight operators’ concerns over fuel duty and access to credit for business investment are not addressed.”

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