Published: 08 April 2013 10:34 AM
Industry Channel: Transport & Distribution
Van registrations are up 11.7 per cent for the first three months of the year, according to figures from the Society of Motor Manufacturers and Traders. However, the truck market has slowed with registrations down 17.7 per cent to 10,060 for the year to date.
"Truck demand remains weak, but this could be indicative of delayed purchasing decisions ahead of the introduction of new Euro 6 legislation later this year,” said Nigel Base, SMMT commercial vehicle manager.
The market for artics held up better than for rigids. Registrations of artics was down seven per cent to 3,482, while the market for rigids was down 21 per cent to 6,578.
Iveco was the only on of the major manufacturers to increase registrations in the first three months with a one per cent increase.
DAF maintained market leadership with a 27 per cent share of the truck market, followed by Scania with 14.5 per cent and Mercedes with 14.2 per cent.
In the van market, Ford was market leader with 25.6 per cent followed by Volkswagen with 13 per cent.
"Overall CV registrations continue to perform positively with the market increasing 8.1 per cent in March, boosted by an uplift in van demand," said Base.
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