POSITIVE DECEMBER COMPLETES BUOYANT YEAR FOR VAN AND TRUCK MARKET







Published by Gerald Ferreira Date: January 6, 2012
Categories: General News

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 % change Year-to-date % change Rolling year % change
Vans 18,415 7.8% 260,153 16.7% 260,153 16.7%
Trucks 4,611 45.3% 42,944 24.6% 42,944 24.6%
Total 23,026 13.7% 303,097 17.8% 303,097 17.8%

 “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

Month Dec-11 Dec-10 % change
Pickups 1,708 1,751 -2.5%
4x4s 456 523 -12.8%
Vans <= 2.0t 2,936 3,067 -4.3%
Vans > 2.0 - 2.5t 2,396 2,091 14.6%
Vans > 2.5 - 3.5t 10,919 9,654 13.1%
All Vans to 3.5T 18,415 17,086 7.8%
Rigids > 3.5 - 6.0t 507 366 38.5%
Rigids > 6.0 - 16t 995 571 74.3%
Rigids > 16t 1,200 727 65.1%
All rigids 2,702 1,664 62.4%
2-axle artics 592 390 51.8%
3-axle artics 1,317 1,120 17.6%
All artics 1,909 1,510 26.4%
Year-to-date YTD-11 YTD-10 % change
Pickups 26,169 19,508 34.1%
4x4s 6,678 5,331 25.3%
Vans <= 2.0t 45,566 44,359 2.7%
Vans > 2.0 - 2.5t 33,900 27,520 23.2%
Vans > 2.5 - 3.5t 147,840 126,197 17.2%
All Vans to 3.5T 260,153 222,915 16.7%
Rigids > 3.5 - 6.0t 5,534 6,870 -19.4%
Rigids > 6.0 - 16t 8,452 7,261 16.4%
Rigids > 16t 10,538 8,252 27.7%
All rigids 24,524 22,383 9.6%
2-axle artics 3,144 2,126 47.9%
3-axle artics 15,276 9,949 53.5%
All artics 18,420 12,075 52.5%
Rolling Year RY-11 RY-10 % change
Pickups 26,169 19,508 34.1%
4x4s 6,678 5,331 25.3%
Vans <= 2.0t 45,566 44,359 2.7%
Vans > 2.0 - 2.5t 33,900 27,520 23.2%
Vans > 2.5 - 3.5t 147,840 126,197 17.2%
All Vans to 3.5T 260,153 222,915 16.7%
Rigids > 3.5 - 6.0t 5,534 6,870 -19.4%
Rigids > 6.0 - 16t 8,452 7,261 16.4%
Rigids > 16t 10,538 8,252 27.7%
All rigids 24,524 22,383 9.6%
2-axle artics 3,144 2,126 47.9%
3-axle artics 15,276 9,949 53.5%
All artics 18,420 12,075 52.5%

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.