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COMMERCIAL VEHICLE REGISTRATIONS HIT ALL-TIME HIGHBack

CVRegIt is extremely positive to see that commercial vehicle registrations reached an all-time high in 2015 – up 16.7% on 2014.

Figures released today show that demand in the van sector was up 15.7% – with 371,830 registrations, surpassing previous record set in 2007. In the truck sector, demand remained strong with figures up by a quarter to 52,064.

Robinson continued, “Growth was fuelled by the van sector, where demand, buoyed by the ongoing online shopping boom and attractive finance deals, hit record levels – up 15.6% to 371,830 registrations in 2015.

Trucks also showed robust growth in a return to form for the sector, with registrations up 25.5% to 52,064 units, following a slower year in 2014 after regulatory upheaval resulted in a distortion of fleet renewal patterns.

Demand looks set to remain strong as the confidence and growth in the economy continues. The NFDA are anticipating a successful year from the commercial vehicle market.

If you would like to receive the monthly registration figures please email louise.woods@rmif.co.uk

Posted by Sue Robinson on 08/01/2016