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CV market makes gains in November after October blip

Van registrations posted a 9.6% rise in the month, continuing the general trend seen over the past few years with businesses having grown in confidence and online deliveries surging in popularity.

Truck registrations saw a huge year-on-year jump of 55.8%, although SMMT said this was to be expected given the large fall in November 2014 which followed changes to Type Approval legislation.

 UK van and truck registrations: 2015 and % change on 2014

 

  November     

% change

Year-to-date

% change

Rolling year

% change

Vans

29,051

9.6%

 341,420

15.7%

 367,949

16.4%

 

Trucks

4,252

55.8%

 47,184

22.3%

 50,082

0.3%

 

Total

33,303

13.9%

 388,604

16.4%

 418,031

14.2%

 

Commenting on the figures Mike Hawes, SMMT chief executive, said: “The commercial vehicle market continues to demonstrate phenomenal progress, with sustained growth over a number of years as ever-more confident businesses invest in their fleets.

“The sharp upturn in truck registrations comes as no surprise, given the heavy fall seen in the same month last year – but the long-term trend of robust growth is encouraging."

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