Commercial vehicle registrations up by 5%



07 March 2013





Commercial vehicles have proved increasingly popular over the past month, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).

The organisation noted that registrations for these models had grown by five per cent over February to 11,336 units which added to a year-to-date rise of 5.4 per cent and the trend continued across other vehicle types.

Vans also saw significant growth in terms of registrations with an 11.8 per cent upturn to 9,149 adding to the strong performance they have showed in 2013 on a whole, reaching 25,198 units.

However, there was some bad news on the truck front, with levels falling by 16.3 per cent to 2,187, adding to a 18.2 per cent decline over the entire year.

Nigel Base, SMMT commercial vehicle manager, said: “The truck market declined 16 per cent, 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.”

For the #1 motor trade insurance, visit ChoiceQuoteADNFCR-1036-ID-801552865-ADNFCR