{"id":3596,"date":"2012-08-06T19:54:29","date_gmt":"2012-08-06T19:54:29","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=3596"},"modified":"2012-08-06T19:58:23","modified_gmt":"2012-08-06T19:58:23","slug":"new-van-registrations-jump-10-2-in-july-but-really","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/3596","title":{"rendered":"New Van Registrations Jump 10.2% In July &#8211; But Really?"},"content":{"rendered":"<p><strong>New van registrations leapt by 10.2% in July according to the SMMT &#8212; but are the numbers all they seem to be?<\/strong><\/p>\n<p>After months and months of declines, new van registrations jumped\u00a0by a fairly astonishing 10.2% in July, according to the latest monthly figures from the Society of Motor Manufacturers and Traders. The news provoked some speculation on Twitter about how such a dramatic reversal was possible, given that the economy hasn&#8217;t improved.<\/p>\n<p>Contract hire specialist (and legendary self-promoter!) <a href=\"http:\/\/www.lingscars.com\/\" target=\"_blank\">Ling Valentine<\/a> reckoned it was down to a boost in pre-registered vans, while another commentator tweeted that the boost was due to a huge delivery of new vans to Royal Mail plus a couple of other fleet deals &#8212; leaving retail figures broadly unchanged (not good&#8230;):<\/p>\n<blockquote class=\"twitter-tweet tw-align-center\"><p>RT <a href=\"https:\/\/twitter.com\/waynesworldauto\"><s>@<\/s><strong>waynesworldauto<\/strong><\/a>: So, good news cars UP 9.3% &#8211; vans 8.1% Great job everyone! &gt; Not really great -they&#8217;re STUFFING PRE-REGs in the market!<\/p>\n<p>\u2014 Ling Valentine (@LINGsCARS) <a href=\"https:\/\/twitter.com\/LINGsCARS\/status\/232423668263841792\" data-datetime=\"2012-08-06T10:31:35+00:00\">August 6, 2012<\/a><\/p><\/blockquote>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<blockquote class=\"twitter-tweet tw-align-center\" data-in-reply-to=\"232423668263841792\"><p>\n<a href=\"https:\/\/twitter.com\/lingscars\"><s>@<\/s><strong>lingscars<\/strong><\/a> <a href=\"https:\/\/twitter.com\/waynesworldauto\"><s>@<\/s><strong>waynesworldauto<\/strong><\/a> Van Market skewed by loadsa Peugeots going into the Post Office and some fleet volumes. &#8220;Retail&#8221; far from 10% up<\/p>\n<p>\u2014 Gareth Kaye (@gazthevanman) <a href=\"https:\/\/twitter.com\/gazthevanman\/status\/232437956932157440\" data-datetime=\"2012-08-06T11:28:22+00:00\">August 6, 2012<\/a>\n<\/p><\/blockquote>\n<p><script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><strong>What About The Numbers?<\/strong><\/p>\n<p>On the face of it, the SMMT van and truck registration figures for July are pretty good:<\/p>\n<ul>\n<li>Commercial vehicle registrations (vans and lorries) up 8.1% in July and up 2.9% on a rolling year basis<\/li>\n<li>Van registrations up 10.1% in July and stable at -0.1% on a rolling year basis<\/li>\n<li>Truck registrations came in at -2.2% in July but are up 22.4% on a rolling year basis, after many strong months<\/li>\n<\/ul>\n<p>Here&#8217;s what it looks like on a graph &#8212; the solid dark blue line represents vans:<\/p>\n<div id=\"attachment_3597\" style=\"width: 681px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-3597\" loading=\"lazy\" class=\"size-full wp-image-3597\" title=\"SMMT Commercial vehicle registrations 2007-2012\" src=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2012\/08\/smmt-van-jul2012.gif\" alt=\"SMMT Commercial vehicle registrations 2007-2012\" width=\"671\" height=\"431\" srcset=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2012\/08\/smmt-van-jul2012.gif 671w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2012\/08\/smmt-van-jul2012-300x192.gif 300w\" sizes=\"(max-width: 671px) 100vw, 671px\" \/><p id=\"caption-attachment-3597\" class=\"wp-caption-text\">SMMT Commercial vehicle registrations 2007-2012 (courtesy of SMMT)<\/p><\/div>\n<p>Next month&#8217;s figures should give a more accurate idea of whether this is a one-off event boosted by pre-registered vehicles and big fleet deals or a genuine change of trend. Personally, I don&#8217;t see why the van market would suddenly improve, given the state of the economy &#8212; but stranger things have happened.<\/p>\n<p>Watch this space&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Van registrations rose by 10.2% in July, suprising the market. But was it purely the result of a few fleet deals or a boost in pre-registered models? <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[1212,310],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/3596"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=3596"}],"version-history":[{"count":11,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/3596\/revisions"}],"predecessor-version":[{"id":3607,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/3596\/revisions\/3607"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=3596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=3596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=3596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}