UK van registrations saw an improvement in
February, but registrations of heavier vehicles are still falling,
Society of Motor Manufacturers and Traders (SMMT) figures have
shown.
Van registrations were 26 percent up to 8,978
vehicles, compared with the same period in 2009.
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The truck market recorded another significant
drop, falling by over 36 percent, with 1,370 new units registered
across the country.
Paul Everitt, SMMT chief executive, said:
“Despite the hesitant economic recovery, demand for new vans has
picked up, though trucks still struggle in one of the most
difficult markets since the early 1990s.”
“We don’t expect a consistent recovery for
some time, either for new vans or trucks, so durable growth in
business investment and confidence is vital.
“The government’s 2010 Budget needs to deliver
clear, supportive and dependable policies, including better access
to business credit to sustain that recovering demand for vans and
trucks,” he added.
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By GlobalDataAntonio Fabrizio
