- Commercial vehicle registrations grew 19.5% in February, with 40,491 vehicles registered so far this year.
- Truck registrations continue to increase as demand sees steady return to form, up 31.7% in February.
- Sustained strong performance from van market, which has risen by 19.5% in the month.
“The truck market posted a second month of growth in February, with volumes up by more than a third so far this year. While it might be too early to claim a full recovery, it appears to be on the right track,” said Mike Hawes, SMMT Chief Executive.
“The van market continues to expand, posting a tenth consecutive month of increases as improving confidence among SMEs and consumers takes effect. The growing demand for both vans and trucks has delivered a month of impressive performance for the total commercial vehicle sector once again.”
