New commercial vehicle registrations in the UK were almost
halved in May, according to figures recently released by the
Society of Motor Manufacturers and Traders (SMMT).
New truck registrations decreased by 44 percent compared with
one year ago, while vans dropped by 50.2 percent, bringing total
registrations to 271,761 units, or 49.2 percent down.
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For the rolling year, trucks were 16.8 percent down, and vans
33.9 percent down.
SMMT chief executive Paul Everitt said: “There are some early
signs of improving consumer confidence, but UK van and truck
companies continue to face difficult economic conditions.”
“Businesses across the economy remain cautious about their
future prospects and it will take a little while for improving
confidence to register in the marketplace,” he added.
Antonio Fabrizio
