POSITIVE DECEMBER COMPLETES BUOYANT YEAR FOR VAN AND TRUCK MARKET

registrations

SMMT VAN AND TRUCK REGISTRATIONS - 6 January 2012 (data for December and full year 2011)

  • Van and truck registrations up 17.8% in 2011 to 303,097 units, December up 13.7% to 23,026.
  • Truck registrations up 24.6% for the full year 42,944 and by 45.3% in the month to 4,611.
  • Van registrations up 16.7% to 260,153 in 2011 and rising 2.8% in December to 18,415.

UK van and truck registrations: 2011 and % change on 2010

December% changeYear-to-date% changeRolling year% change
Vans18,4157.8%260,15316.7%260,15316.7%
Trucks4,61145.3%42,94424.6%42,94424.6%
Total23,02613.7%303,09717.8%303,09717.8%

 “The van and truck market has enjoyed a consistent growth throughout 2011,” said Paul Everitt, SMMT Chief Executive. “Renewed business confidence fuelled the month-on-month rises, while innovative developments in vehicle design and technologies provided solid business reasons for companies to upgrade their vehicles in 2011. There can be no room for complacency this year, government must deliver its growth strategy and help strengthen business and consumer confidence.

The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media. The automotive industry is a vital part of the UK economy accounting for £49 billion turnover and £10 billion value added. With over 700,000 jobs dependent on the industry, it accounts for more than 10% of total UK exports and invests £1.3 billion each year in automotive R&D. For more details, see SMMT’s 12th Annual Sustainability Report and Motor Industry Facts at www.smmt.co.uk/publications.

 UK van and truck registrations

MonthDec-11Dec-10% change
Pickups1,7081,751-2.5%
4x4s456523-12.8%
Vans <= 2.0t2,9363,067-4.3%
Vans > 2.0 - 2.5t2,3962,09114.6%
Vans > 2.5 - 3.5t10,9199,65413.1%
All Vans to 3.5T18,41517,0867.8%
Rigids > 3.5 - 6.0t50736638.5%
Rigids > 6.0 - 16t99557174.3%
Rigids > 16t1,20072765.1%
All rigids2,7021,66462.4%
2-axle artics59239051.8%
3-axle artics1,3171,12017.6%
All artics1,9091,51026.4%
Year-to-dateYTD-11YTD-10% change
Pickups26,16919,50834.1%
4x4s6,6785,33125.3%
Vans <= 2.0t45,56644,3592.7%
Vans > 2.0 - 2.5t33,90027,52023.2%
Vans > 2.5 - 3.5t147,840126,19717.2%
All Vans to 3.5T260,153222,91516.7%
Rigids > 3.5 - 6.0t5,5346,870-19.4%
Rigids > 6.0 - 16t8,4527,26116.4%
Rigids > 16t10,5388,25227.7%
All rigids24,52422,3839.6%
2-axle artics3,1442,12647.9%
3-axle artics15,2769,94953.5%
All artics18,42012,07552.5%
Rolling YearRY-11RY-10% change
Pickups26,16919,50834.1%
4x4s6,6785,33125.3%
Vans <= 2.0t45,56644,3592.7%
Vans > 2.0 - 2.5t33,90027,52023.2%
Vans > 2.5 - 3.5t147,840126,19717.2%
All Vans to 3.5T260,153222,91516.7%
Rigids > 3.5 - 6.0t5,5346,870-19.4%
Rigids > 6.0 - 16t8,4527,26116.4%
Rigids > 16t10,5388,25227.7%
All rigids24,52422,3839.6%
2-axle artics3,1442,12647.9%
3-axle artics15,2769,94953.5%
All artics18,42012,07552.5%

registrations

Commercial vehicle registrations to December

  • In 2011 there were 260,153 vans to 3.5t registered, a boost of 16.7% on 2010. Van registrations were up 7.8% in December, trends varied across the segments, but heavier vans saw firm growth on a 2010.
  • December was a remarkable month for truck registration volumes, up by 45%. The very recent trend for growth in two-axle rigids above 6t strengthened markedly. Growth rates ranged from 30 to 90% across the various weight segments for these trucks. Until very recently these sectors had lagged behind what was an artic and multi-axle rigid led recovery.
  • For trucks >6t, December’s growth cemented a very positive result in a good year for the sector. Registrations for 2011 were 37,410 and 42,944 for all trucks over 3.5t. This better than expected trend in registration volumes faces significant challenges just to hold steady over 2012. It may be that market specific factors could be more supportive than the meagre rate of economic growth envisaged for this year.
  • December’s truck registrations clearly gave an unseasonal and major boost to the year end.

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