CommercialFleet

January commercial vehicle market points to strong business confidence

Van registrations up to 3.5 tonnes increased by 12.9% during the month compared to January 2013, on the back of robust business confidence, accelerating the 12 months to January by 13.2%.

That equated to 18,122 units compared to the 16,049 units registered in January 2013, with the 2.5-3.5 tonne segment accounting for the lion’s share at 10,274 units.

"The overall commercial vehicle market grew 4.4% in January as more robust business confidence boosted van registrations," said Mike Hawes SMMT chief executive.

"As expected, the pre-Euro-6 rush at the end of last year dented truck volumes in January – a market factor we expect to continue for some months. Looking ahead, SMMT is confident that van registrations will continue to grow at a sustainable rate, while truck demand should level out over the full year."

As expected, truck registrations stalled following move to Euro-6; the rolling year is up 22.6%.

 

Month

Jan-14

Jan-13

% change

Pickups

2,239

2,197

1.9%

4x4s

703

576

22.0%

Vans <= 2.0t

2,448

2,805

-12.7%

Vans > 2.0 - 2.5t

2,458

2,387

3.0%

Vans > 2.5 - 3.5t

10,274

8,084

27.1%

All Vans to 3.5t

18,122

16,049

12.9%

Rigids > 3.5 - 6.0t

357

485

-26.4%

Rigids > 6.0 - 16t

380

543

-30.0%

Rigids > 16t

581

811

-28.4%

All rigids

1,318

1,839

-28.3%

2-axle artics

61

203

-70.0%

3-axle artics

438

840

-47.9%

All artics

499

1,043

-52.2%

       

Year-to-date

YTD-14

YTD-13

% change

Pickups

2,239

2,197

1.9%

4x4s

703

576

22.0%

Vans <= 2.0t

2,448

2,805

-12.7%

Vans > 2.0 - 2.5t

2,458

2,387

3.0%

Vans > 2.5 - 3.5t

10,274

8,084

27.1%

All Vans to 3.5t

18,122

16,049

12.9%

Rigids > 3.5 - 6.0t

357

485

-26.4%

Rigids > 6.0 - 16t

380

543

-30.0%

Rigids > 16t

581

811

-28.4%

All rigids

1,318

1,839

-28.3%

2-axle artics

61

203

-70.0%

3-axle artics

438

840

-47.9%

All artics

499

1,043

-52.2%

       

Rolling Year

RY-14

RY-13

% change

Pickups

29,436

25,019

17.7%

4x4s

7,008

6,400

9.5%

Vans <= 2.0t

41,400

40,724

1.7%

Vans > 2.0 - 2.5t

39,684

31,421

26.3%

Vans > 2.5 - 3.5t

155,618

137,788

12.9%

All Vans to 3.5t

273,146

241,352

13.2%

Rigids > 3.5 - 6.0t

6,660

7,216

-7.7%

Rigids > 6.0 - 16t

11,456

9,466

21.0%

Rigids > 16t

15,014

11,502

30.5%

All rigids

33,130

28,184

17.5%

2-axle artics

3,709

2,901

27.9%

3-axle artics

18,314

13,913

31.6%

All artics

22,023

16,814

31.0%

 

 

 


 


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