"Blip" as May UK CV registrations fall
Total CV registrations dipped 4.7 per cent in May to 24,149 units, but market remains up 8.3 per cent for the year-to-date. Van registrations were 3.8 per cent behind May 2012 at 20,503 units; the January-May volumes remain strong; up 13 per cent to 110,136 units. Truck demand fell 9.4 per cent to 3,646 units in the month and declined 14.3 per cent during the first five months of 2013.
“The overall CV market has performed well so far in 2013, but May saw volumes fall 3.8 per cent as van model cycles combined with Euro 6 uncertainty for trucks,” said Nigel Base, SMMT Commercial Vehicle Manager. “For trucks, history tells us that purchases of Euro 5 will mix with new Euro 6 trucks as the year progresses, which could boost the market in the second half of 2013. For vans, the picture was positive up to May, so we anticipate this blip to be overcome as the year pans out.”
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