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It is extremely positive to see the 2013 commercial vehicle market rose 14.7%, making it the best performance in the last five years. New light commercial vehicle figures released today show 2013 total registrations grew 14.7% to 327,291 units. Vans rose 13.1% over the year registering 271,073 units, boosted by 32.5% growth in December. Truck registrations totalled 56,218 units in the year, up 23% as the move to Euro 6 fuelled growth.
As expected December truck registrations were exceptional last month due to the change from Euro 5 engine specification. We anticipated high levels of registrations, but a 217% increase over that of December 2012 was a very pleasing result with a total of 11,351 vehicles registered. All sectors of trucks saw an increase in registrations, but the highest percentage came from the heavy over 16t market with a 465% increase over December 2012.
Overall the 3.5t+ truck sector was up 23% in 2013 which is a clear reflection of consumer confidence and upturn in last year’s market. Van sales (sub 3.5t) impressed in December, indicating strong end-of-year dealer/manufacturer marketing in this sector along with greater confidence in the economic outlook of UK PLC.