Thursday 27th Oct 2016 - Logistics Manager

Truck market up 14.7 per cent in June

The truck market was up 14.7 per cent at 3,577 last month, according to figures from the Society of Motor Manufacturers and Traders. And for the rolling year, registrations are up 25 per cent to 47,848.

Registrations of trucks over six tonnes were up almost 20 per cent to 19,416 for the year to date.

DAF to a 31 per cent market share  – up from 24 per cent last year. Second placed Mercedes also increased share taking 16 per cent of the market – up from 15 per cent last year.

Scania, MAN and Volvo also saw a slight fall in share, but Iveco has been growing strongly with a 37 per cent rise in registrations giving it almost 8 per cent of the market for the year to date.

However, while the market for rigids has been buoyant, registrations of artics are down by 6.7 per cent for the year to date.

The van market is down 10 per cent on last year for the year to date. Registrations of light vans (under 2 tonnes) is particularly weak at 22 per cent below last year.

“The commercial vehicle market stabilised in June, down just 0.4 per cent, after a changeable few months. Truck volumes remained strong, up 14.7 per cent in the month while van numbers dipped 2.5 per cent,” said SMMT chief Paul Everitt.

“The trend for the commercial vehicle market is generally stable, but it is far from settled and is likely to follow the course of the UK and European economy in the second half of the year.”