SMMT TRANSPORT NEWS BRIEF
Against a backdrop of rising commercial vehicle sales across the EU, it would be expected that UK numbers would show some sign of improvement. However the 67% rise in registrations compared with last October, itself a strong month, is something of a surprise.
The market was always going to bounce back but such a sudden turnaround means we should treat these figures with a degree of caution. A recovering economy and market normalisation will no doubt be factors but a pull forward to beat the Type Approval deadline is the most likely explanation. I suspect it could be some months before the real picture emerges.