SMMT – 20% growth in UK HGV sales

Heavy goods vehicle registration was up 21.2% in Q1 of 2019. According to the Society of Motor Manufacturers and Traders (SMMT) this was driven by demand for three axle artics.

In the quarter, 11,859 trucks of over six tonnes were registered, up from 9,787 last year.

While growth in registrations occurred in all sectors, three axle artics saw a growth of 30.2% to 4955. Rigids of over 16 tonnes grew by 11.6% and registrations in the 6-16 tonne sector were up 15.3 per cent to 2,299.

SMMT chief Mike Hawes said: “The significant rise in truck registrations is certainly welcome news but it is important to remember that large fleet orders can have a big impact on this relatively small volume market. Despite the increase in demand, on-going political and economic uncertainty is still a significant factor for businesses and we may see the market level out throughout 2019.”

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