{"id":7794,"date":"2015-09-04T14:38:00","date_gmt":"2015-09-04T14:38:00","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=7794"},"modified":"2015-09-04T14:38:00","modified_gmt":"2015-09-04T14:38:00","slug":"van-registrations-rise-by-14-3-in-august-as-momentum-returns","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/7794","title":{"rendered":"Van registrations rise by 14.3% in August as momentum returns"},"content":{"rendered":"

After\u00a0coming to a halt in July<\/a>,\u00a0the rate of new van\u00a0registrations\u00a0increased again in August, rising by 14.3% to 14,467.<\/p>\n

\"Van

Van and truck registrations Jan 10 – Aug 15 (courtesy of SMMT)<\/p><\/div>\n

That takes the year-to-date\u00a0rise in registrations to 16.8%, or 225,417 vans:<\/p>\n

UK van and truck registrations: 2015 and % change on 2014<\/strong><\/p>\n

\n\n\n\n\n\n\n
<\/td>\nAugust<\/strong><\/td>\n% change<\/strong><\/td>\nYear-to-date<\/strong><\/td>\n% change<\/strong><\/td>\nRolling year<\/strong><\/td>\n% change<\/strong><\/td>\n<\/tr>\n
Vans<\/strong><\/td>\n14,467<\/td>\n14.3%<\/td>\n225,417<\/td>\n16.8%<\/td>\n354,155<\/td>\n17.2%<\/td>\n<\/tr>\n
Trucks<\/strong><\/td>\n2,887<\/td>\n20.2%<\/td>\n30,432<\/td>\n38.3%<\/td>\n49,890<\/td>\n-0.2%<\/td>\n<\/tr>\n
Total<\/strong><\/td>\n17,354<\/td>\n15.3%<\/td>\n255,849<\/td>\n19.0%<\/td>\n404,045<\/td>\n14.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Data courtesy of SMMT (www.smmt.co.uk)<\/em><\/p>\n

Commenting on the\u00a0figures, Mike Hawes,\u00a0the SMMT’s chief executive, said:<\/p>\n

\u201cAugust’s registration figures are further evidence of the commercial vehicle sector’s return to form in 2015 after a year of regulatory upheaval. With certainty now restored, fleet renewal patterns are returning to normal, buoyed by the continuing growth in demand for online deliveries.\u201d<\/p><\/blockquote>\n

I’d certainly second Mr Hawes’ suggestion that things are returning to normal. After years of extended\u00a0fleet renewal periods\u00a0and an abnormally strong used market,\u00a0these distortions are dropping out of the market.<\/p>\n

Booming demand for new vans also seems to be helped by the ever-growing home delivery sector and by strong demand from the daily rental sector. As usual, the category which saw the biggest growth last month was the 2.5-3.5t sector, into which fall\u00a0the Sprinter, Transit, Vivaro\u00a0and all other medium\u00a0and large panel vans, of the kind used\u00a0for deliveries.<\/p>\n

Another factor in favour of continued high levels of new registrations is the van rental sector, which rarely keeps vans beyond 24-36 months.\u00a0Daily van rental\u00a0took on an enlarged role as a flexible, no-strings provider of vehicles and — effectively — finance during the\u00a0credit crunch.<\/p>\n

My perception is that\u00a0the rental industry will continue to fulfil this role in better times.\u00a0Companies have discovered that renting rather than buying can be financially and operationally advantageous, even though the option to buy may now be\u00a0available.\u00a0There’s also the fact that budget cuts are easier to make than to undo, so justifying new purchases\u00a0to replace rented vans may be difficult.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New van registration figures show that the momentum seen earlier in the year is continuing. July’s halt may just have been a pause.<\/p>\n","protected":false},"author":2,"featured_media":7795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[310,1431],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7794"}],"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=7794"}],"version-history":[{"count":2,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7794\/revisions"}],"predecessor-version":[{"id":7797,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7794\/revisions\/7797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media\/7795"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=7794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=7794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=7794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}