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Commercial vehicle market hits five-year high in 2013

Latest figures from the Society of Motor Manufacturers and Traders (SMMT) show that UK truck registrations were up 217.2% last month to 11,351 units whilst the full-year figure was up 23.0% to 56,218 units, largely as a result of Euro 6 legislation.

Meanwhile LCV registrations rose 32.5% in December 2013 and were up 13.1% for the full year to 271,073 vans.

As a result, the 2013 commercial vehicle market was marked out by its best performance in the last five years.

Mike Hawes, SMMT chief executive, said: 'Boosted by a strong second half to the year, the truck market rose to pass 56,000 units, while van owners and operators responded positively to the wider economic recovery finishing the year more than 13% up on 2012. The introduction of new Euro 6 trucks will be of key interest to the heavy end of the market in 2014, while we expect the forthcoming launches of several new light commercial vans to deliver further growth in this important sector.’

UK van and truck registrations: 2013 and % change on 2012

 

December

% change

Year-to-date

% change

Rolling year

% change

Vans

20,949

 32.5%

271,073

 13.1%

271,073

13.1% 

Trucks

11,351

217.2% 

56,218

23.0% 

56,218

23.0% 

Total

32,300

66.6% 

327,291

14.7% 

327,291

14.7%  

 

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