- Commercial vehicle market continues growth for ninth consecutive month, up 23.2% to 24,567 units.
- Truck registrations increase 38.6% to 2,518 units, led by pent-up demand in the market.
- Van market continues trend of impressive growth, up 21.7% to 22,049 units.
“The truck market posted a strong return to form in January. Changes to Euro Standards and Type Approval Regulations in 2014 affected demand last year, and now we are starting to see a return to business as usual,” saidMike Hawes, SMMT Chief Executive.
“The number of vans registered this month has once again increased, reflecting raised levels of business confidence and demand for a range of efficient, well equipped models. Successes in both markets have seen the total commercial vehicle market grow significantly for a ninth consecutive month.”
