UK: Growth continues in March CV market, but trucks remain down

Commercial vehicle registrations rose 8.1% in March to 48,675 units, year-to-date up 7% at 78,942 units. Van registrations increased 11.5% to 43,684 in March, and grew 11.7% during Q1 2013.   Truck registrations declined 15.1%, to 4,991 units in the month and fell 16.7%% for the year so far. UK van and truck registrations: 2013 …

Commercial vehicle registrations rose 8.1% in March to 48,675 units, year-to-date up 7% at 78,942 units. Van registrations increased 11.5% to 43,684 in March, and grew 11.7% during Q1 2013.   Truck registrations declined 15.1%, to 4,991 units in the month and fell 16.7%% for the year so far.

UK van and truck registrations: 2013 and % change on 2012

March % change Year-to-date % change Rolling year % change
Vans 43,684 11.5% 68,882 11.7% 246,835 -1.1%
Trucks 4,991 -15.1% 10,060 -16.7% 43,682 -4.6%
Total 48,675 8.1% 78,942 7.0% 290,517 -1.6%

 

“Overall CV registrations continue to perform positively with the market increasing 8.1% in March, boosted by an uplift in van demand,” said Nigel Base, SMMT Commercial Vehicle Manager. “Truck demand remains weak, but this could be indicative of delayed purchasing decisions ahead of the introduction of new Euro 6 legislation later this year. Next week kicks off with the 2013 CV Show at the NEC and this will provide operators with an excellent opportunity to explore the latest models as we welcome a number of high-profile world debuts and product launches.”

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