It's vanageddon!
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- Created: 27 June 2014
It's official - so don't be alarmed if you see a surge of 'white van men' on the roads - the total amount of commercial vehicle registrations has risen recently. There was a 17.7% increase in van registrations in May 2014 over April 2014, which is surprising considering that there was a -0.6% dip in April over March.
From January to May this year, 124,820 vans have been registered in the UK. Furthermore, in 2013 during the same period the number of vans registered was 110,136, so we're already 13.3% up on last year!
Also Britain is up 18.4% on van registrations this May compared to twelve months ago. We had 24,283 vans registered in May 2014 and only 20,503 registered in May 2013.
Here is a breakdown of the number of vans registered for each month this year:
- January - 18,122
- February - 11,731
- March - 50,064
- April - 20,620
- May - 24,283
- Total YTD - 124,820
With all of these vans on the road we hope the new owners are making sure that they get the best quote possible on their van insurance.
All figures were taken from data provided by The Society of Motor Manufacturers and Traders (SMMT).