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Commercial vehicle registrations stabilise in June

  • 05 July 2012
  • By Hayley Pink

The CV market stabilised last month, down just 0.4% in total, following a few “changeable” months, according to the latest SMMT registration figures.

Truck volumes remained strong, up 14.7% in June, while van numbers dipped by 2.5% in the month.

“The trend for the CV market is generally stable, but it is far from settled and is likely to follow the course of the UK and European economy in the second half of the year,” says Paul Everitt, SMMT chief executive.

There have been 143,582 truck and van registrations in the first half of the year, a 5.6% decline on the same period last year.

Vans have suffered the most, dipping by 10.1% in the first half of 2012, with pick-ups (-21.8%) and vehicles under 2 tonnes (-22%) seeing the most significant drops.

Rigid trucks registrations have seen a major boost, up 50.8% in the first six months, however artics stumbled by -6.7% in the same period.

Daf is leading the way in the heavy truck sector, stealing just over a third (34%) of the market in June and 31% in the year to date, up 51% on the same period in 2011. Second place is Mercedes, with 16% of the market year to date, followed by Scania with 12%.

Ford scooped the lion’s share of the light CV sector, registering 26% of all vans under 3.5 tonnes in June and the year to date, followed by Volkswagen, with 12% of all first half registrations.

In the 3.5-tonne to 6-tonne sector, Ford came out trumps again, holding 43% of the market in June, and 42% in the year to date, followed by Fiat with 22% of last month’s registrations and 19% in the first half.

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Article source: http://www.commercialmotor.com:80/latest-news/cv-registrations-stabilise-in-june