CV Sector News Sales Top Stories

CV market registrations keep on trucking

07 May 2015 #CV Sector #News #Sales #Top Stories

The commercial vehicle market powered forward in April, which saw registrations increase by 23.5%, according to SMMT figures.

Demand for trucks continues to thrive, with registrations increasing 43.5% to 3,900 units. Van registrations increased for the 12th consecutive month to 24,927, up 20.9% for the year-to-date.

A total of 28,827 commercial vehicles were registered during April, adding to the year-to-date figure of 137,283.

SMMT Chief Executive Mike Hawes said, “With business confidence still on the up, the strong uplift enjoyed in the commercial vehicle market this year has continued to spring. Demand for new vans is stronger than ever, with the sector recording its 12th consecutive month of growth in April.

“The move towards larger vehicles across all segments was again evident last month, with rigids weighing in over six tonnes and three-axle artics driving the increase in truck registrations.”

Hawes also delivered a message to the government-elect, “We look to the next government for stability to ensure this robust performance continues.”

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