HGVs Registrations SMMT News

Van strength powers CV market growth in February

06 March 2014 #HGVs #Registrations #SMMT News
  • Total commercial vehicle registrations grew 17.5% in February to 13,320; rolling year up 15.1% to 330,283.
  • Vans drove CV growth with strong February performance. A 28.2% rise in the month to 11,731 registrations boosted the rolling 12 months by 13.8%.
  • The Euro-6-induced dip in truck volumes continued in February but the rate of decline slowed from January’s 37% decline. The 12-months to February remained up 22.4%.


Feb 14 CV 1 2

“Growing van registrations supported the February vehicle market as middle and heavy-weight vans enjoyed healthy registration rises, reflecting improving economic activity,” said Mike Hawes SMMT Chief Executive. “Registrations of trucks over six tonnes continued to decline as the market adjusts to new Euro-6 legislation. We anticipate this rebalancing act to be a factor for some months yet while van volumes should remain on an upward trend.”

Feb 14 CV 2

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

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