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VAN REGISTRATIONS LOW BUT STABLE; TRUCKS SINKING YET LOWER

 
 

The latest statistics from the Society of Motor Manufacturers and Traders (SMMT) show truck registrations for January down almost 35%.

A total of 1,553 new trucks werregistrations for January were in January; 33,263 for the rolling year, down 40.6%.

 

The number of vans registered was 11,546 for the month; 186,187 for the rolling year, down 33.2%.


"New van and truck registrations continue to reflect a weak economic recovery and businesses reluctant to commit to new investment," said Paul Everitt, SMMT chief executive. 


"These are the lowest January truck registrations since 1992, leaving most truck makers very disappointed at the slow start to the year.  It is extremely important that government uses the upcoming Budget to encourage new investment in capital goods and help re-build business confidence."

 

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