-
Recent Posts
Archives
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- August 2019
- July 2019
- June 2019
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- March 2012
- February 2012
- November 2011
Categories
Following an increase in van sales in May the market has turned yet again with June registrations down by 2.5 per cent compared to May’s rise of 6.7 % that had been the first rise in 2012.
There were 22,287 vans registered in June with the figure for the rolling year also dropping to minus 0.9 per cent from a figure of plus 0.4 per cent. However the biggest cause for concern was the year to date figure dropping by 10.1 per cent that perhaps reflects how strong the market was in 2011.
Paul Everitt, Chief Executive of the Society of Motor Manufacturers and Traders said: “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.”
Some good news in these figures was in the 2.5 tonne to 3.5 tonne sector that saw an increase of 8.1 per cent with 13,323 vans being registered.
However the sector for vans below 2 tonnes saw the biggest slide to only 3,786 vans that was a 22.3 per cent reduction.
Obviously these figures do give cause for concern having seen the increase in May. Perhaps van drivers are, like many people in the UK, cutting back in view of the current economic climate. Maybe drivers of vans are holding on to their vehicles for longer than what they would normally do or perhaps they may be changing a 5-year-old van for a 2-year-old van whereas in the past they have bought a new van.
Of course, if a van fleet operator decides to hold onto their 1,000 fleet of vans for a little longer rather than buy new ones that will have a significant impact on these figures.
It will be interesting to look at the figures for July and August to see if the impact of things like expenditure on summer holidays is reflected in the figures for van sales.
Source: The Society of Motor Manufacturers and Traders – July 2012