New heavy goods vehicle (HGV) registrations fell by -6.0 per cent in the third quarter, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). The decline was in comparison with Q3 last year, when uptake surged above pre-pandemic levels to fulfil pent-up demand. Demand in Q3 2024 remained robust, at 26.7 per cent above the same quarter in 2019.
The latest commercial vehicle registration figures from the ACEA show European Union markets grew in the first half of 2024. This was led by new EU van sales, which increased by 15 per cent, reaching 840,409 units. Surging new van demand was driven by double-digit growth in key markets; Germany lead with a 19.3 per cent rise, followed by Spain at 18.5 per cent, Italy at 17.8 per cent, and France at 10.5 per cent.
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.
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.
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.
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.
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.
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.
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.
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.
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.
SMMT figures show that new light commercial vehicle (LCV) registrations experienced a double-digit decline in November. The market fell -11.1 per cent, with 26,486 new vans and pick-ups registered – the third consecutive monthly fall.
Figures from the SMMT show that the new light commercial vehicle (LCV) market declined in September. 57,368 new LCVs were driven off forecourts, a -4.2 per cent fall compared with the same month last year.
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.
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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