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LCVs take all the glory for high registrations

11th September 2003
Page 13
Page 13, 11th September 2003 — LCVs take all the glory for high registrations
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AUGUST SAW yet another month of growth for CV registrations with up almost 20% on the previous month.

The 18.5% rise is the 11th time in the past 13 months that registrations have climbed and, according to the Society for Motor Traders and Manufacturers, the sales are continuing to grow.

Demand could possibly push the annual total to 350,000,a level not seen since the end of the 1980s, it says.

Truck sales experienced 8.4% growth but it is in the light commercial vehicle (LCV) sector were the real gains have been made. An increase of 21.9% was recorded compared to last year and LCVs made up 80% of total registrations.

Vauxhall and Ford are the notable winners in this category with their Combo and Connect models leading the way in the 1.8-tonne and 1.8 to 3.5-tonne sector respectively. Meanwhile Scania, MAN and Renault all made gains in the truck sector.

However, in Ireland sales figures for LCVs for August 2003 were 42.7%, or 1,289 units, down on the previous year and overall down 6.4% year to date.The huge fall was caused by the closing of a tax loophole on twin-cab units on 30 June.

Heavy commercial vehicle sales were 244 for the month of August (down 7.22%) and 3,365 year to date —up 10.9% on the same eightmonth period in 2002.