Commercial vehicle registrations reached a record half-year total of 209,515 to June

Strong growth in van market is defining factor, with an all-time high of 186,404 vehicles registered in the first six months. “The record half-year total for commercial vehicle registrations is not unexpected given the significant gains being made in the van market,” said Mike Hawes, Society of Motor Manufacturers and Traders’ chief executive.

“Registrations of vans have been increasing strongly for some time, underpinned by economic confidence among large and small businesses, as well as the growing trend for home deliveries. The significant rise in truck registrations in June mirrors the sector’s performance in the year so far as it readjusts from the regulatory changes of 2014, while once again it was the heavier vehicles in van, artic and rigid segments that posted the largest rises.”

UK van and truck registrations: 2015 and % change on 2014

                 June           % change       Year-to-date       % change       Rolling yr       % change
Vans         35,742       16.4%               186,404              19.8%               352,558          20.2%
Trucks      4,568         41.5%                23,111                40.6%              48,144             -6.2%
Total        40,310        18.8%               209,515              21.8%               400,702          16.2%

Article sourced from AM Online - July 2015