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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.’

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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.

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