Trucks Sales Still Slump While Vans Level Out
More bad news has come for the motor industry, this time in the truck and van sector. June figures for truck registrations are still showing falling numbers, however, the amount of vans being registered is starting to level out.
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 only 2,761 new trucks being registered in June, this is a 47% fall from June 2008.
On the other side of the sector, the amount of vans being registered has seen some improvment. In June there were 17,158 vans registered. This sales figure shows a 40.1% drop in van registrations on June last year, however, the month on month sales has actually seen the smallest drop yet. This shows that the amount of van sales is starting to level out.
One manufacturer that did well in June was Renault. They racked up a 78.5% increase in sales in June for their van and light trucks. The Renault Trafic van was one model that was very successful for Renault. The Trafic van, which recently won the 2009 Security award, is Renault’s best selling van.
The overall fall in van and truck sales is put down to a number of factors. One big reason is that many companies are waiting for van and truck prices to fall again in an attempt to get the best deals. 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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