Overall registrations of new vans and trucks
in April 2010 were more than 21 percent down for the rolling
year, showing “contrasting recovery trends”, according to the
Society of Motor Manufacturers and Traders (SMMT).
Almost 2,500 new trucks were registered in
April 2010, a 17.2 percent drop compared with one year ago. Van
registrations, however, were up 6.7 percent, with almost 14,900 new
vans registered.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Paul Everitt, chief executive at the SMMT,
said that whilst van registrations continued the growth seen in the
first quarter, the reduced demand for trucks still reflects a
lack of business confidence.
He said: “As our new government establishes
itself, the priority must be sustaining and strengthening the
economic recovery with particular focus on encouraging the
availability of more and better priced finance.”
Antonio Fabrizio
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
