HGVs Registrations SMMT News

Half year commercial vehicle volumes grow as June registrations rise

04 July 2013 #HGVs #Registrations #SMMT News
  • Total CV registrations were up 7.6% at the year’s halfway point with June volumes rising 4.5%.
  • January-June van registrations were 11.2% ahead of 2012, boosted by a 3.4% rise in the month.
  • While truck demand is 10.4% behind 2012 for the first six months of the year, an 11.7% rise in June could be the first signs of 2013 demand rebalancing in the second half of the year.

Video analysis

UK van and truck registrations: 2013 and % change on 2012

June % change Year-to-date % change Rolling year % change
Vans 23,041 3.4% 133,177 11.2% 253,032 2.6%
Trucks 3,995 11.7% 21,320 -10.4% 43,226 -9.7%
Total 27,036 4.5% 154,497 7.6% 296,258 0.6%

“The overall CV market rose 7.6% in the first half of 2012 with strong van registrations (up 11.2%) outweighing the uncertain truck market (down 10.4%),” said Nigel Base, SMMT Commercial Vehicle Manager. “Looking ahead to the rest of 2013, we expect the van market to remain stable with a return to a more normal replacement cycle sustaining the market. For trucks, growth in June could be the first sign of a Q3/Q4 recovery as buyers pick from late Euro 5 or new Euro 6 models ahead of new Euro-standard legislation hitting from 2014.”

Click through to download the full June 2013 CV news release and data table.

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