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Van and truck registrations soar

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Van and truck registrations in the UK rose 15.9% year-on-year in 2010, recording one of the "best ever" annual growth rates, figures show.

The increase, which is believed to indicate recovery from the recession, will also come as good news for the van insurance sector.

The Society of Motor Manufacturers and Traders (SMMT), which released the data, said new van registrations rose during all months of 2010, except one.

Rising construction output and a better-than-expected improvement in business confidence drove the growth, it said.

Sales of trucks picked up during the second half of the year and finished at around the same levels as 2009.

SMMT chief Paul Everitt said: "While we still have a long way to go to get volumes back to pre-recession levels, we expect more growth in 2011 and 2012."

© Press Association 2011