HGVs Registrations SMMT News

Commercial vehicle recovery continues with June registrations up 12.7%

06 July 2011 #HGVs #Registrations #SMMT News
  • June total van and truck registrations: up 12.7% to 25,968, rolling year up 23.3% to 287,166.
  • June trucks: up 7.4% to 3,118, rolling year up 20.1% to 38,283.
  • June vans: up 13.5% to 22,850; rolling year up 23.8% to 248,883.

UK van and truck registrations: 2011 and % change on 2010

June % change Year-to-date % change Rolling year % change
Vans 22,850 13.5% 133,238 24.2% 248,883 23.8%
Trucks 3,118 7.4% 18,892 25.4% 38,283 20.1%
Total 25,968 12.7% 152,130 24.4% 287,166 23.3%

“June saw the 17th successive monthly rise for new van registrations, up by 13% in the month, demonstrating business confidence and commitment in the commercial vehicle market,” said Paul Everitt, SMMT Chief Executive. “Truck figures also rose, up by 7%, the ninth successive monthly rise. Again, articulated trucks saw the most robust growth in the month and year-to-date figures for almost every sector were up significantly on 2010.”

Commercial vehicle market overview

  • Van registrations have recovered strongly from depths of recession in late 2009 and early 2010. This trend is reflected across most of Europe suggesting that the recovery could be robust.
  • Underlying van registration volume back to 250,000 units, compared to annual average of 265,000 (over 15 years 1996 to 2010).
  • Over the past nine months artics have led the rebound in truck demand followed closely by the performance of the van sector.
  • Truck volume up by cumulative 7,937 for the nine months to June 2011. 94 % of that is due to growth in artic demand.
  • Notably the recovery in the rigid sector remains very subdued, but pickups and 4×4 utility vehicles have shown very positive growth over the past year. However, volumes are still short of recent market peaks in 2006/07 and 1996.

Click through to download the full June 2011 commercial vehicle registrations news release and data tables, which includes a more detailed analysis of the figures.

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