September Sees Commercial Vehicle Registrations Rise 12.4%

Friday 4 October 2013

– Total CV registrations were strong in September, up 12.4% 49,197 units registered in the month.

– The overall commercial vehicle market is up 8.1% for the year-to-date, at 239,356 units.

– Vans rose 10.3% with 43,066 new 63-plate registrations and rose 9.6% over the year so far with 205,004 registrations.

– Truck demand grew 29.7% in the month with 6,131 registrations; year-to-date recovery is on course, now stable, down just 0.1% on 2012 at 34,352 units.

“Commercial vehicle registrations rose 12.4% in September, with greater confidence and impending Euro 6 legislation producing a strong recovery in truck volumes,” said Mike Hawes, SMMT Chief Executive. “Encouragingly, van registration levels have stabilised, up around 10% in the month and year-to-date, after a variable year that reacted to model changes and changeable market conditions. Year-to-date truck demand is back to 2012 levels after a slow start to the year and we expect the last quarter to be very strong for the sector.”