News Sales Top Stories Truck Van

Commercial vehicle registrations rise in January

06 February 2013 #News #Sales #Top Stories #Truck #Van

Commercial vehicle (CV) registration figures for January have increased by 5.6% year-on-year according to figures released by the Society of Motor Manufacturers and Traders.

The total number of light commercial vehicles registered in 2013 so far stands at 16,049 – an 11.9% increase over figures from January 2012. Pick-up trucks boast a 34.5% increase in registrations for this year, while 2.5 tonnes to 3.5 tonnes vans registrations are up 3.7%.

Larger vehicles have fared less well as a whole, with registrations of vehicles of more than 3.5 tonnes falling by 19.6% with 2,882 registered so far. Of these, 1,043 are articulated vehicles, a 21.3% drop compared with January 2012. The figures for rigid body vehicles up to 6.0 tonnes increased in January 2013, however, which saw a rise of 22.8% over the same period last year.

Nigel Base, Commercial Vehicle Manager at the SMMT said: “2013 is set to be a telling year for the commercial vehicle sector with van registrations off to a good start and the truck sector’s performance under close scrutiny ahead of the introduction of Euro 6 from January 2014.

“Van registrations were up 12% in the month and SMMT forecasts that the light commercial vehicle sector will grow almost 5% over the year, with new models and greater business confidence driving the market.”

Volkswagen is dominating the light sector with a 46.2% increase in LCV registrations for 2013, rising from 1,632 units to 2,386. Mercedes registered 420 fewer LCVs in January this year – a reduction of 39.3% – but is sure to see increases in sales with its new Citan.

MAN has seen the best performance from the heavy CV sector, with a rise of 16.2%. This is in contrast to the majority of other heavy CV manufacturers, which largely reported a decline of new vehicle registrations. Renault Trucks suffered the hardest drop, with a 58.1% cut in registrations, but is embarking on a regeneration of its range which should also boost its sales.