16th February 2023
Q4 2022 Heavy Goods Vehicle Registrations 16th February 2023 HGV market posts another year of growth as supply chain issues begin to ease UK new heavy goods vehicle (HGV) registrations rise by 9.6% to 40,716 units as pandemic supply disruptions begin to ease. Rising fleet investment driven by demand for articulated trucks, typically used for long-distance deliveries, but overall deliveries remain -16.1% down on pre-pandemic levels. Sector needs a long-term, sustainable plan to safeguard fleet operator confidence and encourage zero emission […]
Q4 2022 Bus & Coach Registrations 16th February 2023 Bus and coach market declines in 2022 with net zero funding needed for recovery Demand for new buses and coaches declines by -1.6% in 2022, with 3,411 units joining UK roads. Single-deck bus registrations grow 40.6%, but minibuses – the largest volume segment – fall by -13.2%. Despite growth from Q1 to Q3, a particularly slow Q4, down -30.1%, rounds off weakest year since records began. Sector looks to government’s Zero […]
