COMMERCIAL VEHICLE VOLUMES GROW MIDWAY THROUGH 2014

Published 04/07/2014 00:00:00 in Press Releases

“June has been a good turning point in the year for the commercial vehicle market, and we have seen a modest improvement in overall sales figures”, said Sue Robinson, Director of the National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT’s van and truck registration figures.

Total commercial vehicle figures released today show registrations rose 25.5% in June to 33,941, rolling year up 16.4% to 344,762.

Van demand in June excelled 33.3%. The rise in sales was significant in the heavy van sector where almost 5,000 more 3.5t were registered than this time last year. This was fuelled by second quarter dealer targets which concluded at the end of June.

It was a subdued month yet again for the truck market which continued its downward trend by -19.2%. The year-to-date change was -22.9%. The market indicates a progressive wash-through of pre-registered euro 5 stock.

Robinson continued, “Looking ahead into the second half of the year, dealers are optimistic that the van market will remain healthy with a return to a more normal replacement cycle for HGV trucks sustaining the market.”

 

ENDS

NOTES TO EDITORS:

Rupal Rawal, Communications Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk  Email: rupal.rawal@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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