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February CV sales slump

11th March 1999, Page 16
11th March 1999
Page 16
Page 16, 11th March 1999 — February CV sales slump
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Which of the following most accurately describes the problem?

• The SM MT's latest figures reveal that CV registrations slumped to 12,462 last month from the 22,081 recorded for February 1998—a fall of 43.6%.

All sectors suffered a decline; least affected was the truck and artic market, down 15.5%, while light 4x4 utilities fell by 59.4%. The collapse is blamed on the T-registration change and pre-budget VED fears.