Monday, 13 April 2015

Record UK CV sales in first quarter

The latest SMMT figures reveal a record high for van and truck registrations.

A total of 108,456 vans and trucks were registered between January and March 2015 - the best quarter on record.

The sector is a bellwether for the UK economy. It suffered during the recession. In 2009, just 221,132 commercial vehicles (CVs) were registered - down from 388,488 in 2007. The past 12 months have seen 384,120 registrations, and demand is expected to remain strong in the months ahead.

Some CV operators are returning to the market having held off new purchases during the recession years while attractive finance offerings from manufacturers are making it easier to invest in the latest vehicles.

Mike Hawes, SMMT chief executive, noted, "Commercial vehicles play a crucial role in the British economy and in supporting our everyday lives. There are currently some 4.4 million vans and trucks on British roads, delivering 81 per cent of all goods and shifting almost 3,000 tonnes of goods every minute. In 2014 alone, these vehicles covered 61 billion miles in the UK.”

Demand for vans is strong as home deliveries continue to grow in popularity: 97,775 vans have been registered in the past three months - 22.3 per cent up on the same period last year - and annual registrations are now nearing an all-time high.

The UK is also leading the way in Europe. It is the third-biggest market for vans and trucks, and surpassed its two larger rivals, Germany (+3.4 per cent) and France (-8.1 per cent), for growth in the first two months of the year.

Since 2014, all new trucks have been required to meet Euro-6. 

The SMMT says: “These vehicles feature filters to capture 99 per cent of particulates and exhaust after treatment systems which drastically reduce emissions of nitrogen oxides. From September this year, all new vans will also have to adhere to the tough Euro-6 standard for light duty vehicles.”

UK van registrations so far in 2015: Top 10

Model
Registrations
1
. Ford Transit Custom
12,627
2
. Vauxhall Vivaro
7,449
3
. Volkswagen Transporter
5,765
4
. Peugeot Partner
5,611
5
. Ford Transit
5,276
6
. Citroen Berlingo
5,207
7
. Mercedes-Benz Sprinter
5,012
8
. Ford Transit Connect
4,096
9
. Renault Trafic
3,368
10
. Peugeot Boxer
2,844



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