16 February 2017

New bus and truck market sees growth

Credit: Morguefile

The UK new bus and coach market saw a second consecutive year of growth in 2016, while the UK new truck market grew for the third consecutive year, according to figures from the Society of Motor Manufacturers and Traders (SMMT).

Data released this week shows that the UK new bus and coach market saw demand grow by 8% last year with a total of 8,779 new buses and coaches registered. The SMMT said that double-decker buses continued to drive the bus and coach growth in 2016 and mini buses made strong gains, while there was a decline in single-deck vehicles.

Meanwhile registrations of new heavy goods vehicles (HGVs) rose by 5.3% to 46,231 units. Rigid vehicles continued to fuel the market, according to the SMMT, with both the >6-16T and >16T segments experiencing double-digit growth.

Mike Hawes, SMMT chief executive, said: “2016 proved to be another strong year for the British bus and coach market, with many operators investing in their fleets over the past 12 months.

“Getting the latest technology and low emission vehicles on to British roads is essential to help improve air quality in our cities, and 2016’s strong record of fleet renewal will aide that process.”

Commenting on the UK truck market, Hawes added: “Another year of growth for the HGV market in 2016 is a positive sign for the sector, particularly as it follows such an exceptionally strong 2015.

“HGVs are essential for transporting vital goods around the country and their demand provides a barometer for the UK economy, so these results are certainly welcome. Looking ahead, we must ensure business uncertainty is minimised so that this success continues.”

Adam Offord | @WM_AdamOfford

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