The van and truck industry within the UK is still moving slowly but surely away from the country’s recession. Figures have just been released by the Society of Motor Manufacturers and traders and show us that in December, last year registrations of commercial vans climbed up to just over 17000 units. That is 21.7% upward change, which is one of the strongest annual rates of growth ever seen within the industry.
In the report the society has mentioned that all but one month last year saw a rise in van sales which is a sign that business confidence is rising and that the construction sector is giving a new and improved output.
Light commercial vans (those that weigh up to two tonnes in weight) hit sales of 48,309 a rise of 41.4%. The medium van market also saw a great improvement last year with 27,520 units sold giving a rise of 21.2% percent compared to the year before.
The chief executive of the society of Motor manufacturers and traders, Paul Everitt is quoted as saying “While we still have a long way to go to get volumes back to pre-recession levels, we expect more growth in 2011 and 2012”. This good news is exactly what the society was hoping to hear as they formed with the task to promote and encourage the motor industry within the United Kingdom and Abroad.