CV Registrations Hit a High

Commercial vehicle registrations hit a record level in September with the highest monthly volume for 15 years. The rolling yearly total was 381,388 and September’s 52,230 registrations were up 8.4 per cent on last year’s corresponding figure.

The SMMT also claims that there was high demand for heavy vans. The society’s chief executive, Christopher Macgowan said: “September is a vital month in the registration calendar and the figures confirm strong demand. We expect demand to hold at similar levels over the coming months, but growth next year may ease as interest rate rises hit more consumer and business markets.”