UK’s Commercial Vehicle Sector Breaking Records

Image of £20 NotesIt’s only a few weeks into 2014 however the UK’s commercial vehicle sector has already broken a number of records. As we saw at the end of 2013, commercial vehicle sales were once again on the rise after a substantial period of being at an all-time low due to the recession. Many of those who work in the commercial vehicle sector are therefore optimistic about what this year will bring, and here we look at some of the most positive stories to hit the headlines:

MAN delivers 100,000th Commercial Vehicle

Twenty one years ago German commercial vehicle manufacturer MAN started trading as MAN Truck & Bus UK Ltd in Swindon, and since then has become a prominent player in the UK commercial vehicle market. Today, the company celebrated an amazing feat – delivering their one hundred thousandth commercial vehicle – a TGS 35.400 8×4 tipper – to quarry, aggregates and recycling specialist Earthline.

Discussing their achievement, CEO of MAN Truck & Bus UK Ltd Des Evans said: “It’s an important day in the history of MAN in the UK. In 1992, MAN held a modest four per cent share of the market above six tonnes, and an equally modest vehicle parc of 12,000 units. Today, with a market share of around 11 per cent and with over 50,000 MAN trucks currently in operation on UK roads, we now see MAN established at the heart of the UK commercial vehicle industry.”

Volkswagen Report Record Year

There is no denying that Volkswagen Commercial Vehicles has done extremely well to break their own records, especially as the company has set the standard extremely high over recent years. However, just a few days ago the company reported that 2013 was their best ever year, with 37,267 new commercial vehicle registrations and a record high share of the market of 13.4 per cent. This is over nineteen per cent more compared to 2012 where there were just 31,207 new registrations and the company only had a 12.6 per cent share of the market.

Alex Smith, Director of Volkswagen Commercial Vehicles, said: “These figures demonstrate yet again the phenomenal momentum Volkswagen Commercial Vehicles is enjoying in the UK. This strong performance is testament to the hard work of everyone involved in the brand and they deserve a huge thank you. Customers recognise Volkswagen as a brand that delivers great quality commercial vehicles at outstanding value for money, delivered and serviced by a fantastic Van Centre network.”

UK Commercial Vehicle Sales Highest in 5 Years

It’s not just commercial vehicle manufacturers that are breaking records, in fact the UK commercial vehicle market in general was at a five year high by the end of 2013. According to the Society of Motor Manufacturers and Traders (SMMT), commercial vehicle sales in 2013 were up 14.7 per cent to 327,291 units. Most impressively, there was a 32.5 per cent growth in van sales in December alone, with truck registrations being up by 23 per cent year on year and van registrations up a total of 13.1 per cent.

CEO of SMMT Mike Hawes said: “The 2013 commercial vehicle market rose 14.7%, making it the best performance in the last five years. Boosted by a strong second half to the year, the truck market rose to pass 56,000 units, while van owners and operators responded positively to the wider economic recovery finishing the year more than 13% up on 2012. The introduction of new Euro 6 trucks will be of key interest to the heavy end of the market in 2014, while we expect the forthcoming launches of several new light commercial vans to deliver further growth in this important sector.”

With it only just being halfway through January 2014 the fact that we have already seen such glowing reports on the UK’s commercial vehicle sector is extremely impressive. It is also an indication that for those that work in the commercial vehicle sector, including van insurance providers, commercial vehicle manufacturers and fleet managers, there is a greater likelihood of success when it comes to improving and expanding their businesses.

 

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