ACCORDING to figures released by the Society of Motor Manufacturers and Traders (SMMT), Commercial vehicle registrations have reached a record half-year total of 209,515.
So where’s this growth coming from you might ask? Well, the SMMT reckon the reason for these extra registrations can be put down to strong growth in the sales of vans which are defining the market, with an all-time high total of 186,404 vehicles registered in the first six-months of this year.
The record half-year total for commercial vehicle registrations is not unexpected given the significant gains being made in the van market
However, it’s not just vans that are showing key growth and pushing the market, truck sales which have had a difficult period, are also showing large gains – with registrations up 40% in June and the year-to-date.
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, SMMT 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, arctic and rigid segments that posted the largest rises.”