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August shows CV market continuing to grow

07 September 2015 #CV Sector #News #Top Stories

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.”

SMMT CV registration figures, August 2015


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