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CV registrations down in April but van demand steady

According to the SMMT, total commercial vehicle registrations dipped 4.2% in April to 23,338; with the rolling year up 13.0% to 334,808.

Van demand in April 2014 remained stable with 20,620 registrations, consistent with April 2013, maintaining the year-to-date margin of +12.2%.

SMMT revised its van forecast to 301,320, a rise of 11.2% on 2013.

Truck registrations continue to feel the effects of the emissions standard changes, with volumes down 24.9% in the month. The rolling year to April, however, remained up 22.3%. 

UK van and truck registrations: 2014 and % change on 2013

 

April

% change

Year-to-date

% change

Rolling year

% change

Vans

20,620

-0.6%

100,537

 12.2%

281,977

 11.4%

Trucks

2,718

-24.9%

10,292

-24.8%

52,831

 22.3%

Total

23,338

-4.2%

110,829

 7.3%

334,808

 13.0%

'Ongoing robust demand for vans continued the year-to-date trend in line with SMMT's revised van forecast for 2014, a forecast that should see the market grow more than 11% on 2013,' said Mike Hawes, SMMT chief executive.

'The overall market remained subdued, however, as the Euro 6 lag continued for trucks. Demand for HCVs is likely to remain behind 2013 all year, but volumes should recover as we approach mid-year,' he added.

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