Commercial vehicle market drives on in April: SMMT 08 May 2015

Commercial vehicle registrations rose by 23.5% in April, compared to the same period last year, with year to-date growth almost identical at 23.9%, according to latest figures from the SMMT (Society of Motor Manufacturers and Traders).

Beyond the top line statistics, April also saw strong demand for trucks above 3.5 tonnes continuing – up 43.5% in April to 3,900 units, compared to last year's April like-for-like figure of 2,718.

Rigids showed 27.4% growth , with registrations for April rising from 1,798 last year to 2,290 this, but two- and three-axle tractors enjoyed 75% growth – from 920 last April to 1,610 this April, led by market leader DAF Trucks.

Van registrations also increased for the 12th consecutive month – to 24,927, up 20.9% – with Ford posting registrations up by 39.5% for the year to date, nearly double those of its nearest rival VW, compared with the same period in 2014.

"With business confidence still on the up, the strong uplift enjoyed in the commercial vehicle market this year has continued into spring," comments Mike Hawes, SMMT chief executive.

"The move towards larger vehicles across all segments was again evident, with rigids weighing in over six tonnes and three-axle artics driving the increase in truck registrations," he continues.

"We look to the next government for stability to ensure this robust performance continues."

Brian Tinham

Related Companies
DAF Trucks Ltd
Ford Motor Co Ltd
Society of Motor Manufacturers and Traders Ltd
Volkswagen Audi Group UK Ltd

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