Gloomy October for CV registrations
The SMMT figures for commercial vehicle registrations in October paint a gloomy picture, with year-on-year CV sales down 8.1 per cent to 21,661 units; the rolling year figure is also down 0.9% to 293,312.
Truck registrations dipped to 3,867 units, down 8.1 per cent in the month, but the rolling year figure is up 16.3 per cent to 47,352.
October van registrations were also down 8.1 per cent to 17,794 units; the rolling year is 3.6 per cent, with 245,960 registrations.
“The SMMT recently updated its forecast for light van registrations, suggesting a 6.5 per cent drop in van volumes for 2012, a situation reflected by the weak October market that fell 8.1 per cent versus 2011,” said Paul Everitt, SMMT Chief Executive. “Despite an almost 10 per cent decline in the month, trucks have performed well in 2012, up 13 per cent for the year-to-date after significant growth in the rigid sector earlier this year.”
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