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SMMT: Commercial vehicle market powers forward in April

CV registrations rise 23.5% in April, with similar growth of 23.9% for the year to-date. Strong demand for trucks continues, up 43.5% in April to 3,900 units. Van registrations increase for 12th consecutive month to 24,927, up 20.9%. UK van and truck registrations: 2015 and % change on 2014 “With business confidence still on the up, … Continued

  • CV registrations rise 23.5% in April, with similar growth of 23.9% for the year to-date.
  • Strong demand for trucks continues, up 43.5% in April to 3,900 units.
  • Van registrations increase for 12th consecutive month to 24,927, up 20.9%.

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

CV regs April 15 1

“With business confidence still on the up, the strong uplift enjoyed in the commercial vehicle market this year has continued into spring,” said Mike Hawes, SMMT Chief Executive. “Demand for new vans is stronger than ever, with the sector recording its 12th consecutive month of growth in April.

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

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

 

April CV registrations – LCVs <2t vs 2-3.5tCV regs April 15

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