Bus & Coach Registrations SMMT News

Big buses peak, coaches level off and minibuses struggle

06 July 2009 #Bus & Coach #Registrations #SMMT News

• Big bus registrations to set weaken soon.

 

• Declining demand for coaches levelling off.

 

• Minibus registration volumes shrink by 90%.

 

“Big bus registrations may have peaked, buoyed-up by last year’s strong orders. The immediate outlook is less rosy as the lagged effect of recession hits the sector,” said Paul Everitt, SMMT chief executive. “Manufacturers are very cautious, seeing falling activity and orders across the sector. Coach registrations are still falling but we hope for some stability over the coming quarter. By contrast, the minibus sector is feeling harsh economic pressures".

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