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12 Sep 2007

Van and truck registrations hold steady

Figures last Friday from the Society of Motor Manufactures and Traders show van and truck registrations holding steady with a rolling year total of 380,372.   "August is a low point in the registrations calendar, with figures typically at some 6% of the annual total.   So far, the rolling year total for vans and trucks was only slightly down on the August 2006 total.   All this is in line with our forecasts at the start of the year," said Christopher Macgowan, SMMT chief executive.   "We think September truck registrations will look lame by comparison with last year's massively distorted results, but by contrast, sales are already running well ahead of targets and will help bring the figures back to the long-term average by the end of the year"