Van registrations are up at the year's halfway point
Last week the Society of Motor Manufacturers and Traders (SMMT) released the latest van and truck registration data for the month of June, 2013. It was good news for commercial vehicles with registrations up 7.6% at the year's halfway point with June volumes rising 4.5%.
The figures from the start of the year in January to the mid-point in June were up 11.2% ahead of last year, boosted by a 3.4% rise in the month. June brought brighter news for the truck market- 11.7% rise in the month, which is showing signs of rebalancing after a shortfall of 10.4% behind 2012 for the first six months of the year.
"The overall CV market rose 7.6% in the first half of 2013 with strong van registrations (up 11.2%) outweighing the uncertain truck market (down 10.4%)," said Nigel Base, SMMT Commercial Vehicle Manager. "Looking ahead to the rest of 2013, we expect the van market to remain stable with a return to a more normal replacement cycle sustaining the market. For trucks, growth in June could be the first sign of a Q3/Q4 recovery as buyers pick from late Euro 5 or new Euro 6 models ahead of new Euro-standard legislation hitting from 2014."
UK van and truck registrations: 2013 and % change on 2012 (data provided from SMMT's press release)
Viewing the full SMMT June report, it looks like another successful month for Ford vans, which came out on top of the leader board in both the <3.5t light CV and >3.5t - <6.0t heavy CV markets. To read more of the data results, please visit the SMMT website by clicking here.
The figures from the start of the year in January to the mid-point in June were up 11.2% ahead of last year, boosted by a 3.4% rise in the month. June brought brighter news for the truck market- 11.7% rise in the month, which is showing signs of rebalancing after a shortfall of 10.4% behind 2012 for the first six months of the year.
"The overall CV market rose 7.6% in the first half of 2013 with strong van registrations (up 11.2%) outweighing the uncertain truck market (down 10.4%)," said Nigel Base, SMMT Commercial Vehicle Manager. "Looking ahead to the rest of 2013, we expect the van market to remain stable with a return to a more normal replacement cycle sustaining the market. For trucks, growth in June could be the first sign of a Q3/Q4 recovery as buyers pick from late Euro 5 or new Euro 6 models ahead of new Euro-standard legislation hitting from 2014."
UK van and truck registrations: 2013 and % change on 2012 (data provided from SMMT's press release)
| June | % change | Year-to-date | % change | Rolling year | % change | |
| Vans | 23,041 | 3.4% | 133,177 | 11.2% | 253,032 | 2.6% |
| Trucks | 3,995 | 11.7% | 21,320 | -10.4% | 43,226 | -9.7% |
| Total | 27,036 | 4.5% | 154,497 | 7.6% | 296,258 | 0.6% |
Viewing the full SMMT June report, it looks like another successful month for Ford vans, which came out on top of the leader board in both the <3.5t light CV and >3.5t - <6.0t heavy CV markets. To read more of the data results, please visit the SMMT website by clicking here.
Comments
Post a Comment