Print

Posted in:

NFDA optimistic of buoyant van market for rest of 2014

Latest SMMT figures show that registrations of commercial vehicles grew 4.2% in November, with a year-to-date increase of 13.1%.

The growth was again fuelled by the van market, which rose 17.1% to 26,516 units in the month.

In contrast, truck registrations declined 49.6% to 2,729 units in the aftermath of new Type Approval legislation.

‘It is encouraging to see that registrations of commercial vehicles grew 4.2% in November,’ said Sue Robinson, director of the NFDA, which represents commercial vehicle and franchised car retailers across the UK. 

Robinson continued: ‘The most significant decline in the truck sector came from rigid vehicles between 6.0 – 16.0t – typically vehicles with additional bodywork fitted that would require the new type-approval. This sector recorded registrations of 219 units this month, compared with 1044 units in November 2013 – a massive decline of -79.0%. 

‘We are hopeful that the van market will remain buoyant for the remainder of 2014.’

For more of the latest industry news, click here.

Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

7121 posts