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Truck Registrations Falling While Vans Level Out

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The van and truck sector of the motoring industry is the latest to release some bad news. Figures for truck registrations in June show that the amount of registrations are still falling, however, the amount of van registrations is showing improvement.

The amount of trucks being registered has been falling month by month, however, the figures for June have shown the largest drop in registrations yet. With 2,761 trucks registered in June, this is a 47% decline in registrations from June last year.

As for the other part of the sector, the amount of van registrations has seen slight improvement. The amount of vans being registered reached 17,158 units. This sales figure shows a 40.1% fall in registrations from June 2008, however, this month on month fall is actually the smallest so far. These figures show that the number of vans being sold could be levelling out.

Renault was one of the manufacturers that did well in June. They saw a 78.5% increase in sales for their range of light trucks and vans during this June. One model that did well for them was the very popular Renault Trafic van. Renault have found the Trafic van to be their bestselling van to date, plus with it winning the 2009 Security award recently, the sales should continue to rise.

There are a series of factors that have affected the van and truck market. One reason is that many businesses are waiting to see if van and truck prices continue to fall before buying. Although the amount of companies buying vans is falling, the amount of van leasing companies buying vans is on the rise, this is because the companies that aren’t buying vans are choosing to lease vans instead.

Many companies are finding that getting out a Renault van lease is working out cheaper in the long run rather than buying a brand new van. So if you are looking for a Renault Trafic lease, you will often get a better deal because you are only paying monthly for the van, rather than paying a bulk sum for a new van.

So although many companies are not buying new vans and trucks, the amount being bought by leasing companies is rising to keep up with demand.

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Written by Guest

September 6th, 2009 at 7:39 am

Posted in Automotive

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