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October market rises 273 in strong month for vans and trucks

Click through to download the full October 2013 CV news release and data table.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window) Total CV registrations up strongly in October, rising 27.3% to 27,578 units in the month.The overall commercial vehicle market is up 9.8% for the year-to-date, at 266,934 units.In October, vans rose 26.3% with 22,473 registrations and posted growth of 11% over the year so far with 227,477 registrations.Truck demand grew 32% in the month with 5,105 registrations; year-to-date volumes returned to growth, 3.2% ahead of 2012 at 39,457 units.“Both the van and truck markets showed great strength in October boosting the sector by 27.3% and taking the 2013 growth rate to almost 10%,” said Mike Hawes, SMMT Chief Executive. “We expected that the Euro 5/6 change would see the truck market grow in strength towards year-end and for vans, SMMT has raised its forecast on the back of sustained demand and confidence to 264,100 a 10.2% rise on last year.”

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