UK bucks commercial vehicle registration trend

28 February 2013

Registration levels for commercial vehicles have suffered declines in January following the trend from 2012.

Figures from the European Automobile Manufacturers’ Association (ACEA) revealed that there had been a 10.6 per cent fall over the opening month of 2013 with Italy experiencing the biggest drop of 23.6 per cent.

Countries such as France, Germany and Spain all saw their markets shrink but it was a different story in the UK where the ACEA noted that there had been a 5.4 per cent increase in registrations.

It provides a timely boost for the nation’s sector after recent figures from the Society of Motor Manufacturers and Traders revealed that there been a 20.5 per cent drop in commercial vehicle manufacturing in the opening part of the year.

The UK’s biggest rise was in new light commercial vehicles where the market expanded by 11.9 per cent, eclipsing other nations across Europe and bucking the overall trend.

For the #1 motor trade insurance, visit ChoiceQuoteADNFCR-1036-ID-801549013-ADNFCR