Registrations for Trucks and Vans have continued to rise following their upward trend in August. Effectively they have risen by 23% and 22.8% according to the most up to date data from the Society of Motor Manufacturers and Traders.
Truck registrations in August were up to 2411 and which resulted in 39493 registrations in total for the rolling year. However, it is a competition between brands with DAF currently holding a 25.3% market share their DAF truck registrations are ahead by 40.8%.
Hot on their heels though is Truck manufacturer Iveco who are also experiencing a particularly good month. They are currently holding a 13.8% market share which results in a total increase of 166% in their registrations.
"The Industry is optimistic, but short- to medium-term economic uncertainty is likely to temper the rate of future growth."
-Paul Everitt, SMMT chief executive
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