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UK bus and coach market decline continues in Q1 - SMMT

Auto News - Published on Tue, 21 May 2019

Image Source: smmt.co.uk
New bus and coach registrations fell -32.8% in the first three months of this year, with 1,205 joining British roads, according to figures released by the Society of Motor Manufacturers and Traders. Quarter one marked the ninth consecutive quarterly decline for the sector, as economic and political instability and uncertainty over Clean Air Zone plans continued to affect the market.

Minibus registrations saw the most significant decline in demand, falling -56.5% to 448 units, while single-decks also suffered a fall, down -8.5% to 422 units. Double-deck registrations, however, recovered, reversing seven quarters of negative growth with registrations up by 11.3%.

Mr Mike Hawes, SMMT Chief Executive, said that “Despite the cyclical nature of the market, the ninth month of decline for the UK bus and coach market is alarming. Operators are facing many challenges, with political and economic uncertainty, alongside confusion surrounding the upcoming Clean Air Zones affecting confidence to invest in these big ticket items. We need the right conditions if we are to see more of the latest, high-tech, low-emission buses on our roads, where they have a vital role to play in improving local air quality.”

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Posted By : Rabi Wangkhem on Tue, 21 May 2019
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