HGVs Registrations SMMT News

Return to form for trucks demand helps CV market grow

05 February 2015 #HGVs #Registrations #SMMT News
  • Commercial vehicle market continues growth for ninth consecutive month, up 23.2% to 24,567 units.
  • Truck registrations increase 38.6% to 2,518 units, led by pent-up demand in the market.
  • Van market continues trend of impressive growth, up 21.7% to 22,049 units.

 

UK commercial vehicle (CV) registrations January 2015

“The truck market posted a strong return to form in January. Changes to Euro Standards and Type Approval Regulations in 2014 affected demand last year, and now we are starting to see a return to business as usual,” said Mike Hawes, SMMT Chief Executive.

 

“The number of vans registered this month has once again increased, reflecting raised levels of business confidence and demand for a range of efficient, well equipped models. Successes in both markets have seen the total commercial vehicle market grow significantly for a ninth consecutive month.”

 

Van and truck registrations - rolling year trends Jan 2010 to date

 

Click through to download the full January 2015 commercial vehicle registrations news release and data tables.

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