New 65-plate continues rising CV registration trend
The latest figures from the SMMT show that commercial vehicle (CV) registrations once again posted a healthy rise in September.
Boosted by the new 65-plate, overall CV registrations were up by a fifth in the month, led by a 24.8 per cent increase in trucks, while van demand grew 19.6 per cent. So far this year 321,302 commercial vehicles have been registered, an increase of 2 per cent.
Mike Hawes, chief executive, SMMT, said, “The continued recovery of the commercial vehicle market is good to see. Particularly encouraging is the consistent growth seen this year in the traditionally more volatile truck sector, while the van market – buoyed by robust business confidence and the ongoing trend towards online deliveries – shows no sign of slowing.”