The new commercial vehicle market picked up the pace in August, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). Overall registrations increased 15.3% year-on-year, while van demand rose 14.3%. The biggest growth was enjoyed by the truck sector, with registrations up by 20.2%.
Mike Hawes, Chief Executive, SMMT, said, “August’s registration figures are further evidence of the commercial vehicle sector’s return to form in 2015 after a year of regulatory upheaval. With certainty now restored, fleet renewal patterns are returning to normal, buoyed by the continuing growth in demand for online deliveries.”
