Economic Growth Seen in Commercial Van Sales
The economy may be growing slowly, but it is definitely growing, and one of the surest signs that businesses are looking optimistic about the future is the continuing growth in sales of commercial vans. August is traditionally a slow month, yet the numbers for 2013 are on the rise, with overall new van sales showing an increase of 11.1 percent over last year’s numbers for the same month, and the year to date figures comparing January through August of 2013 to the same period in 2012 showing a 9.4 percent increase.
The numbers were released by the Society of Motor Manufacturers and Traders (SMMT), and they expressed some surprise about the August figures in light of the fact that September brings a plate change, and therefore August is a traditionally slow month. "For vans, August is always a quieter month ahead of the September plate change but the 9.4% year-to-date rise in volumes is set to be maintained through to year end."
The breakdown of the numbers is worth a second look, as the biggest increase in sales was seen in vans that are 2.0-2.5t: that sector saw an increase of a whopping 54.8 percent, and 4x4s saw a 27.3 percent increase. The larger 2.5t plus vans saw a leap of 11.6 percent, while those smaller than 2.0 and pick-up trucks both saw declines, of 12.7 percent and 5.7 percent respectively.
Leading the pack in sales is the Ford Transit, which has sold almost 28,000 units this year so far.