UK commercial vehicle registrations continue 2015 growth trend – SMMT

Demand for commercial vehicles has increased in August, with overall new registrations rising 15.3 per cent, the Society of Motor Manufacturers and Traders states. In the year to date, demand has risen 19.0 per cent to 255,849 units, with truck demand in particular rising (38.3 per cent up to 49,890 in 2015).  Growth in August for the truck sector saw registrations up 20.2 per cent.

Mike Hawes, chief executive, SMMT, said, “August’s registration figures are further evidence of the commercial vehicle sector’s return to form in 2015 after a year of regulatory upheaval. With certainty now restored, fleet renewal patterns are returning to normal, buoyed by the continuing growth in demand for online deliveries.”