Tuesday 25th Oct 2016 - Logistics Manager

Truck registrations ‘buoyant’ in May


Truck registrations in the UK were up 23.1 per cent in May 2008, according to the latest report from the Society of Motor Manufacturers and Traders, despite the economic downturn.

So far this year 24,860 new trucks have been registered, an increase of 36.2 per cent on last year, while registrations for the rolling year have risen by 25.1 per cent to 57,357.

During May, registrations for rigids were up 15.3 per cent to 3,420, bringing the total for the year to date up to 16,993, an improvement of 24.2 per cent.

Two-axle and three-axle artic registrations were similarly strong; numbers were up 75.2 per cent to 1,461 and 71.5 per cent to 6,406 respectively for the year to date.

For the rolling year, registrations for two-axle artics have risen by 7.6 per cent to 3,894, while registrations for three-axle artic have increased by 27.3 per cent to 14,537.

Paul Everitt, chief executive of SMMT, said: “Buoyant truck registrations continue in 2008 and strong order books suggest the trend is firm for the year.”

However, total registrations for new trucks and vans were down by 0.5 per cent during May due to weakening van registrations, but up 5.8 per cent to 396,368 for the rolling year.