“February 2012 sales figures saw a dip in the overall commercial vehicle market after a period of strong recovery in 2011. While truck registrations continued to rise, up 26.4% in February, van registrations fell by 26.4%” said Sue Robinson, Director of the RMI National Franchised Dealers Association which represents commercial vehicle and franchised car retailers across the UK, commenting on the SMMT’s van and truck registration figures.
Robinson continued “During 2012 small to mid-sized van sales have declined significantly, by 34.3% year to date. This type of van is typically purchased by small businesses or self employed individuals within the services industry. This industry is at present suffering from depleted business levels due to the current economic climate which will be affecting their ability to commit to purchasing such big ticket items. “Many of these businesses are hoping that the Budget on 21 March will address new initiatives that will stimulate consumer and business confidence.” “However the truck market has continued to grow during 2012, up 36.7% year to date. This is the 17th consecutive rise in the truck market.” The latest combined sales figures for van and truck show month on month sales were down 18.1% compared to February 2011 and up 12.1% on the rolling year. Truck registrations were up 26.4% in comparison to February last year while van registrations were down 26.4% on February last year. ENDS NOTES TO EDITORS: Keely Scanlan, Press Officer Tel: 020 7307 3410 Mob: 07825097697 Press Office direct line: 020 7307 3422 Press Office fax: 020 7307 3406 Web: www.rmif.co.uk Email: email@example.com
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.