The commercial vehicle market has continued to grow for the ninth consecutive month, up 23.2% to 24,570 units. Truck registrations have increased 38.6% to 2,518 units, led by pent-up demand in the market. The van market continued its trend of impressive growth, up 21.7% to 22,049 units.

“The truck market posted a strong return to form in January. Changes to Euro Standards and Type Approval Regulations in 2014 affected demand last year, and now we are starting to see a return to business as usual,” said Mike Hawes, SMMT Chief Executive. “The number of vans registered this month has once again increased, reflecting raised levels of business confidence and demand for a range of efficient, well equipped models. Successes in both markets have seen the total commercial vehicle market grow significantly for a ninth consecutive month.”