Rigids drive ‘steady’ growth for HGVs – SMMT17 May 2017

The HGV market has recorded a steady first quarter for 2017, with 10,406 new vehicles registered – up by almost half a percent on Q1 2016.

According to the latest figures from the Society of Motor Manufacturers and Traders, this was driven by the demand for 6-16 tonne rigids, which recorded a rise of more than 17% in Q1, offsetting a decline of 8% for rigids over 16 tonnes.

Registrations of artics matched 2016 levels, up 0.5% to 3,914 units, which tractors were the most popular body type in the first three months of the year, accounting for 37.6% of new HGVs on the roads.

Mike Hawes, SMMT chief executive, described it as “welcome news, particularly as it follows such a strong first quarter in 2016”.

He added: “Almost all HGVs are powered by diesel and, thanks to heavy investment by industry, the latest Euro 6 commercial vehicles hitting our roads today are the cleanest and safest ever.”

Author
Laura Cork

Related Companies
Society of Motor Manufacturers and Traders Ltd

This material is protected by MA Business copyright
See Terms and Conditions.
One-off usage is permitted but bulk copying is not.
For multiple copies contact the sales team.