F&G Commercials Buys Chatfields DAF Dealership

L-R: Frank Woodhead and Glenn Stevenson, joint Managing Directors of F&G Commercials

Yorkshire-based DAF truck dealership, F&G Commercials, has acquired North West counterpart Chatfields DAF Manchester from Pendragon, with the dealership now being known as F&G Commercials (Manchester). All staff transferred to the new dealership as part of the deal. The company – which has sites in Barnsley, Huddersfield and Oldham – said the purchase will enable […]

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Van Market Will Rebalance During 2015, Claims Manheim

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Analysis from Manheim suggests that the UK’s used van market is well on the way to shaking off the effects of the recession. According to the wholesale commercial vehicle remarketing business, the industry is still seeing a high proportion of older vans at auction, but this pattern will be less evident during 2015.While data from […]

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CV Manufacturing Steadies After Months Of Decline

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UK CV manufacturing fell by just 0.7% in November. A resurgent home market grew for the second consecutive month, but exports remained subdued. YTD figures fell by 21.6%, however a more positive 2015 is expected. “The signs remain positive for UK commercial vehicle production after many months of decline, with output in November almost level,” […]

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Volkswagen Celebrates Best Ever New Vehicle Registrations

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Volkswagen Commercial Vehicles has celebrated best ever new vehicle registrations. Sales had passed 2013’s full-year results of 40,857, completing sales of 41,267 from January to November 2014. Volkswagen Commercial Vehicles remained number two in the light commercial vehicles sector with a YTD market share of 13.4%. Every vehicle in the brand’s multi award-winning model range […]

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Ford Records Major Boost In CV Sales

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Ford extended its total vehicle sales advantage over its nearest rival by 40% in November, comfortably beating overall CV market sales growth. Ford CV sales in November were up 24.8% at 7,287, compared with November 2013. Total sales of Ford CVs for the YTDwere up 23.6% at 80,192, compared with 2013. The full availability of […]

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Strong Demand For Vans Continues Growth In Market

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Latest data from SMMT has shown that registrations for commercial vehicles grew 4.2% in November, a YTD increase of 13.1%. That growth was again fuelled by the van market, which rose 17.1%, to 26,516 units in the month. Truck registrations declined 49.6%, to 2,729 units in the aftermarth of new Type Approval legislation. “Surging demand […]

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£1m Funding For Aquila Trucks

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Aquila Truck Centres has secured a £1m invoice finance facility from Secure Trust Bank Commercial Finance. The funding package will provide the business with the working capital necessary to stabilise its long-term growth strategy and will allow it to continue to be one of the largest independent franchised dealerships in the UK. James Smith, Managing […]

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Truck Market Growth For The First Time In 2014

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Commercial vehicle demand grew 27% in October, to 35,027 units, driving the market up 14.1%. Truck registrations saw a sharp upturn of 65.7% to 8,457 units. This was the first month of growth for the market in 2014. YTD levels remained down 9.2%. The van market continued its strong performance this year. October’s figures were […]

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New Van Prices Rise

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The average price of new vans rose by 0.075% in October, according to latest statistics released by DrivenData. That represents a £21 rise, from £27,872 to £27,893. The average annual price since October 2013 has increased by 0.62%, or £172, from £27,721 to £27,893. The underlying pace of inflation in van prices has fallen over […]

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MV Commercials Move Into New Premises

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Truck rental and sales business MV Commercials has revealed that it has invested more than £2million in a new site on the edge of London. Its new premises will house both rental and sales. Steve Cairns, director, said the premises represent a real coup for the business: “MV Commercial has a huge customer base around […]

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