Industry News
October UK new CV registrations were up 0.6%
7th November 2006
October new CV registrations, distorted by Euro 4 and atypical seasonal trends, were up 0.6% year on year to 29,792, bringing year-to-date market volume up 0.7% to 330,566, though the rolling year total for all classes of new CV is down 0.6% to 388,215 units.
LCV registrations in October reached 26,423 units, an increase of 9.4%, bringing the YTD total of 278,098 1.0% above that of a year ago. Truck registrations were 3,061, down 39.4% largely as a result of sales of Euro 3-compliant trucks having been brought forward ahead of the October Euro 4 deadline. YTD truck registrations over 3.5 tonnes are now down 1.8% year on year at 48,694. 308 new buses and coaches registered in October represented a 26.7% year-on-year fall, though 3,774 units registered in the year to September represent a 7.9% increase.
“October was a mixed bag for the UK’s new commercial vehicle registrations,” said Christopher Macgowan, SMMT chief executive. “The change from Euro 3 to Euro 4 emission standards and the end of the Reduced Pollution Certificate scheme dramatically distorted the heavy truck market. Elsewhere, medium and heavy vans saw the best October total in the past 10 years, a sign of the sustained strength of these new van markets and perhaps the approaching January 2007 deadline for new vans to meet Euro 4 emissions laws.”
New registrations data by vehicle type and weight and make can be downloaded from www.smmt.co.uk.
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