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NEW COMMERCIAL VEHICLE REGISTRATIONS JUNE 2014Back

CVRegJune 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. 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. 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.

For a copy of the commercial vehicle registration statistics please contact louisewoods@rmif.co.uk

Posted by Sue Robinson on 04/07/2014