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Post-Covid boost for HGV market in Q2 2021, but full recovery still to come

New heavy goods vehicle (HGV) registrations increased by 128.7 per cent in the second quarter of 2021, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). The increase saw some 9,493 units registered, up from 5,342 in Covid-impacted 2020. Compared to the pre-pandemic five-year average, however, truck registrations fell 20.1 per cent, as nationwide lockdown and business uncertainty continued to discourage greater investment in new equipment.

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HGV & bus/coach registrations plummet more than 70%

Stagecoach Group plc

The UK’s new heavy goods vehicle (HGV) market declined by 73.4 per cent year-on-year in the second quarter of 2020. The Society of Motor Manufacturers and Traders (SMMT) reports that 4,151 units were registered between 1 March and 30 June 2020. Just 328 buses and coaches joined UK roads during the quarter.

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EU CV registrations decline ‘less pronounced’ in May – ACEA

ACEA

The ACEA has revealed EU commercial vehicle registrations decreased 44.4 per cent in May, a less pronounced decline than April as pandemic countermeasures were relaxed. Demand fell across all commercial vehicle segments. The four largest markets of the EU, Spain (-59.0 per cent) and Germany (-47.9) saw the biggest losses in May, followed by Italy (-36.5) and France (-35.0). The UK, as per Brexit, is no longer included in ACEA’s figures, current or historical.

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UK, European CV registrations drop in September

Commercial vehicle registrations dropped both in the UK and the EU in September, according to figures published by the European Automobile Manufacturers Association (ACEA). Total commercial new commercial vehicle registrations in the UK fell 22.0 per cent year-on-year to 47,074 units. This was the largest decline seen in a major market, and no doubt driven in part by continued Brexit uncertainty. Across the EU as a whole, total new commercial vehicle registrations decreased 10.0 per cent year-on-year to 191,588 units.

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HGV market up almost 50% in Q2 2019

Good news from the UK heavy goods vehicle (HGV) market: New registrations were 46.3 per cent higher year-on-year in the second quarter of 2019, with 15,605 units registered. These figures, released by the Society of Motor Manufacturers and Traders (SMMT) yesterday, include a number of large orders ahead of the mandatory fitment of Smart Tachographs; these further boosted registrations following a strong first quarter of the year.

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LCV registrations still buoyant in June

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In contrast to the new car market, SMMT figures reveal that June marked the sixth consecutive month of growth for the UK new light commercial vehicle (LCV) market, as registrations rose 13.5 per cent. The performance meant a record first six months of the year, as buyers continued to be attracted to the variety of enticing offers and ranges available.

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Domestic, EU demand drives surge in UK commercial vehicle manufacturing

Commercial vehicle manufacturing in the UK grew 49.1 per cent in January. According to figures published by the Society of Motor Manufacturers and Traders (SMMT), 9,182 vans, trucks, buses and coaches left production lines during the month. A number of large domestic orders and strong market incentives helped deliver the sector’s best January performance for seven years.

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CV registrations rise in UK, EU during October

Although UK commercial vehicle registrations for the year through to the end of October are still lower than for the same period of last year, the European Automobile Manufacturers Association (ACEA) reports a 10.9 per cent year-on-year increase for the month of October, with a total of 33,781 new registrations of commercial vehicles up to 16 tonnes. Across the European Union, a total of 221,514 commercial vehicles were newly-registered during the month, 6.9 per cent more than in October 2017.

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UK commercial vehicle manufacturing declines by a third in November

UK commercial vehicle (CV) manufacturing fell -34.6 per cent in November, according to figures released by the Society of Motor Manufacturers and Traders (SMMT). A total of 6,312 vans, trucks, buses and coaches left production lines last month; the SMMT comments that declining business confidence and fluctuating buying cycles continued to affect production volumes.

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Slight recovery in June LCV market, but YTD still down

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Light commercial vehicle registrations rose by 1.8 per cent in June to 37,349 units. Year to date, the market remains lower than last year by -3.7 per cent with a total of 184,926 units registered in the first six months of 2017, according to the latest SMMT figures.

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CV registrations down 2.6% in the UK, increase in Europe

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Commercial vehicle registrations in the UK continued to buck the European trend in May and once again declined in comparison with last year. According to figures released by the National Automobile Manufacturers’ Association (ACEA), total registrations of new commercial vehicles in the UK decreased 2.6 per cent year-on-year in May to 32,127 units. Total European commercial vehicle registrations within the Union rose 9.0 per cent year-on-year to 204,770 units.

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May LCV market declines

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The light commercial vehicle market (LCV) declined in May following a period of exceptionally strong demand, according to figures released by SMMT. 26,982 new vans hit British roads in May, representing a fall of 5.3 per cent.

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Tyre manufacturers ready for CV Show between 2016 growth and 2017 flux

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April 2017’s CV Show looks set to mark an important event in the tyre business year, with a strong showing for the industry reflecting both the resilience shown in the UK commercial vehicle sector in 2016 and the potential opportunities offered by the coming period of political change. SMMT registration figures reveal that 2016 was a better year than might have been expected in the haulage and people transportation segments.

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