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UK CV market moves up in February, but truck buyers delay decisions

 Commercial vehicle registrations rose 5% in February to 11,336 units, year-to-date up 5.4% at 30,267. Van registrations grew 11.8% to 9,149 in the month continuing positive 2013 performance at 25,198 units. Truck registrations fell 16.3%, to 2,187 units in the month and dipped 18.2% for the year so far. UK van and truck registrations: 2013 … Continued

  •  Commercial vehicle registrations rose 5% in February to 11,336 units, year-to-date up 5.4% at 30,267.
  • Van registrations grew 11.8% to 9,149 in the month continuing positive 2013 performance at 25,198 units.
  • Truck registrations fell 16.3%, to 2,187 units in the month and dipped 18.2% for the year so far.

UK van and truck registrations: 2013 and % change on 2012

February % change Year-to-date % change Rolling year % change
Vans

9,149

11.8%

25,198

11.9%

242,318

-4.8%

Trucks

2,187

-16.3%

5,069

-18.2%

44,572

-0.1%

Total

11,336

5.0%

30,267

5.4%

286,890

-4.1%

“The commercial vehicle industry’s good start to 2013 continued into February, rising 5% as the van market grew 11.8% on last year, but it’s a complex picture,” said Nigel Base, SMMT Commercial Vehicle Manager. “The truck market declined 16%, perhaps as owners and operators adjust buying decisions ahead of key landmarks in the year –  this month’s Budget, the CV Show in April and introduction of Euro 6 legislation at the end of the year.”

February and YTD CV registrations by manufacturer and segment can be downloaded at  https://www.smmt.co.uk/2013/03/cv-market-moves-up-in-february-but-truck-buyers-delay-decisions/.

 

 

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