Truck and Bus Sales cool in the UK

Truck and Bus sales slow in the United Kingdom in second quarter

UK double deck bus

The boom in heavy vehicle sales in markets like Australia and the U.S. isn’t happening with the same vigor in the U.K.

Figures in this morning from the Society of Motor Manufacturers and Traders (SMMT) show a dip in both truck and bus sales in the nation.

The data shows a 3.6% decline in the new bus and coach market in the second quarter of 2018.

Truck sales (or heavy goods vehicles/HGVs as they are often called in the U.K.) were down 9.4% in the period.

On the bus sales numbers, SMMT said that although just 76 fewer units were registered compared with the same period last year, the decline marked the sixth consecutive quarter were sales have fallen.

In the period April to June, single-deck registrations saw a double-digit decline, down -12.2%, while those of double-decks remained broadly stable, falling just -1.2%.

Demand for minibuses rose 2.8%.

While in the truck space, SMMT said the downturn in demand for new HGVs can be put down to several figures, including a dip in business confidence caused by “ongoing political and economic uncertainty”.

Demand for rigid vehicles declined -6.5% in the quarter, with a -14.7% fall in the >6-16T segment and a -1.8% decrease in the >16T segment.

Despite a -13.1% drop in demand, tractors (prime-movers) remained the most popular vehicle, accounting for more than two fifths (40.8%) of the market.

Tippers and skip loaders were the only segments to record growth in the quarter, up 23.7% and 11.6% respectively.

Mike Hawes, SMMT Chief Executive, telling heavyvehicles.com.au that he hopes things will improve in the second half of 2018.

“Ongoing political and economic uncertainty, coupled with concern around a patchwork of different local authority clean air zones, has clearly had an impact.

“We need the right conditions to give operators confidence to invest in their fleets, ensuring this important market can continue to prosper.”

Stay up to date with the latest Truck and Bus Industry News at heavyvehicles.com.au.



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