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Growing van market continues to drive CV registrations, finds SMMT

The van market continues to drive growth; up 18.1% year-to-date to 242,071, and 14.1% in September to 49,123 units.

Truck registrations fell by 12.3% in September, continuing trend for the year-to-date – down 20.3%. Rolling year totals remain strong due to the pre-Euro 6 rush in late 2013.

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

 

September

% change 

Year-to-date

% change

Rolling year

Vans

49,123

 14.1%

242,071

18.1% 

308,140

19.6% change

Trucks

5,374

-12.3%

27,385

-20.3%

49,251

 7.8% change

Total

54,497

10.8% 

269,456

12.6% 

357,391

17.8% change 

‘With businesses feeling increased economic confidence and downsizing from larger vehicles, the van market has delivered another strong performance. This has also yielded growth in the whole commercial vehicle market, continuing the positivity seen throughout the majority of the year,’ said Mike Hawes, SMMT chief executive.

‘We are yet to see the truck market show signs of significant recovery following a flurry of registrations ahead of the Euro-6 introduction last year, which tempered demand going in to 2014.’

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