CV registrations continue rise

Continuing the trend running throughout 2015, commercial vehicle (CV) registrations once again posted a healthy rise in September, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).

Boosted by the new 65-plate, overall CV registrations were up by a fifth in the month, led by a 24.8% increase in trucks, while van demand grew 19.6%.

Mike Hawes, chief executive, SMMT, said, ‘The continued recovery of the commercial vehicle market is good to see. Particularly encouraging is the consistent growth seen this year in the traditionally more volatile truck sector, while the van market – buoyed by robust business confidence and the ongoing trend towards online deliveries – shows no sign of slowing.’