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The calm before the storm
Page 22
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July was a quiet month for CV registrations — but will we now see a rush to register truas before Euro-4 comes into force on 1 October?
INSIDERS' PERSPECTIVES
Views from the SVIMT
"2006 CV registrations look good, despite a quiet July," says Christopher Macgowar, SMMT chief executive. 'Light CV registrations performed well; were on a par with 2005 volumes. We expect even higher figures in August and a storm in September as operators rush to register Euro-3 trucks ahead of change to Euro-4 on 1 October."
Robin Dickinson, manager of commercial vehicle affairs at the SMMT. adds "We expected it to be quiet; the market is still suffering from people buying forward to avoid the digital tachograph changeover. Were about 2% down on the previous rolling year, whereas if you look at it on a month-by-month basis it seems a lot worse June and July last year were unusually high for registrations."
What about the months ahead? "Our feeling from talking to manufacturers Is that August will be quiet as well. For the heavy brigade it will pick up again in September, although not as much as people are expecting. I don't think buyers are as worried about Euro-4 as some people thought. And there will be many holding back from buying in the hope that the government introduces an initiative to go straight to Euro-5.
"In the European marketplace the bulk of deliveries are now Euro-5, mainly due to the effects of the German Maut and the incentives there. But it shows that all the manufacturers are capable of hitting that standard."
Dickinson adds: "The Treasury is still looking at a replacement for its RPC scheme, which finishes in September, and we understand that the DfT doesn't want a gap between the two. There's every chance that buyers are putting off their buying decisions until these things are sorted out.
At the lighter end It's fairly buoyant and will continue to be so on the back of growth in sectors such as construction."