CV registrations boosted by van market in April 10 May 2013

CV registrations increased by 30.9% in April to 24,370 units and have grown 11.8% so far this year, figures from the Society of Motor Manufacturers and Traders (SMMT) have revealed.

Van registrations rose 43% to 20,751 units in the month, and grew 17.6% during the year-to-date. However, truck demand fell 12.1% to 3,619 units last month, and declined 15.5% during the first four months of 2013.

"A lift in van demand is contributing to growth across the overall market, but truck registrations continue to decline," says Nigel Base, SMMT commercial vehicle manager.

"This could be symptomatic of operators holding-off on buying vehicles in anticipation of new Euro 6 legislation coming into play later this year, as well as wider economic challenges impacting the road transport sector."

Author
John Challen

Related Companies
SMMT Industry Forum

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