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SMMT: Strong demand for vans continues growth in commercial vehicle market

Registrations of commercial vehicles grew 4.2% in November, with a year-to-date increase of 13.1%. Growth was again fuelled by the van market, which rose 17.1% to 26,516 units in the month. Truck registrations declined 49.6% to 2,729 units in the aftermath of new Type Approval legislation. “Surging demand for vans continued in November amid buoyant … Continued

  • Registrations of commercial vehicles grew 4.2% in November, with a year-to-date increase of 13.1%.
  • Growth was again fuelled by the van market, which rose 17.1% to 26,516 units in the month.
  • Truck registrations declined 49.6% to 2,729 units in the aftermath of new Type Approval legislation.

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“Surging demand for vans continued in November amid buoyant consumer confidence and a rise in home deliveries,” said Mike Hawes, SMMT Chief Executive. “However, the introduction of new Type Approval legislation at the end of October had a disruptive impact on the truck market in November, just as it had the opposite effect in October itself.”

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Click through to download the full November 2014 commercial vehicle news release and data tables.

https://www.automotiveworld.com/news-releases/smmt-strong-demand-vans-continues-growth-commercial-vehicle-market/

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