July CV sales "stable" says NFDA
New light commercial vehicle figures show overall sales were down 0.6 per cent in July but up 6.5 per cent year-to-date. Van sales dipped 2.6 per cent last month but remained 9.3 per cent ahead year-to-date. "It is positive to see that the commercial vehicle market remained stable during July, with a healthy increase in the truck sector of 10.3 per cent" said Sue Robinson, Director of the NFDA, commenting on the SMMT's van and truck registration figures.
Robinson continued: “Both the car derived van and large van sectors lost market share in July whilst the midsize panel van sector increased their sales volume. The fall in van sales could be attributed to the high volume of pre registrations that took place prior to the introduction of type approval regulations 18 months ago.
“Despite the fall in sales in July the year-to-date figures shows that the van market remains buoyant. The NFDA believe that the van market will finish the year 10 per cent above 2012. The Euro 5/6 change over continues to effect the truck market. Whilst the rigid truck sector slipped by 5.1 per cent in July the heavy tractor sector recorded an increase in sales of a massive 40 per cent.
“The recent increase in truck sales could be attributed to the growing confidence within the construction industry coupled with the signs of a stabilising economy.”
Related news:
Comments