Report: Van and truck market expands in October

7th November 2011

The UK van and truck market expanded in October, according to new research.

A report by the Society of Motor Manufacturers and Traders (SMMT) has shown that van and truck registrations increased by 10.7 per cent last month compared to the same period last year, with 23,580 vehicles sold.

A total of 4,210 new trucks were registered in October, a rise of around 33 per cent, while van registrations surged 6.7 per cent to 19,370 units.

Paul Everitt, SMMT's chief executive, attributed the rise in sales to manufacturers' increased focus on efficiency.

He said: "Efficiency is a key driver as operators are investing in the latest models across almost every market sector to reap the rewards of greater load carrying ability and fuel economy.

"These remain challenging economic conditions and we are looking to the chancellor's autumn statement later this month to set out measures to boost growth and steady business confidence."

The report shows that Britons continued to invest in 4 x 4 tyres, with sales of 4 x 4 vehicles up five per cent in October to 423 units. 

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