HGVs Registrations SMMT News

January commercial vehicle market points to strong business confidence

06 February 2014 #HGVs #Registrations #SMMT News
  • Total commercial vehicle registrations grew 5.3% in January to 19,939 units; rolling year total up to 328,299.
  • Vans rose 12.9% on the back of robust business confidence, accelerating the 12 months to January by 13.2%.
  • As expected, truck registrations stalled following move to Euro-6; the rolling year is up 22.6%.

UK van and truck registrations: 2014 and % change on 2013

Table

“The overall commercial vehicle market grew 5.3% in January as more robust business confidence boosted van registrations,” said Mike Hawes SMMT Chief Executive. “As expected, the pre-Euro-6 rush at the end of last year dented truck volumes in January – a market factor we expect to continue for some months. Looking ahead, SMMT is confident that van registrations will continue to grow at a sustainable rate, while truck demand should level out over the full year.”

Rolling year graph

Click through to download the full January 2014 commercial vehicle news release and data tables.

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