Big bus registrations weak; coaches stabilising
• Big buses fall 26% at three months to November 2009.
• Drop in big coach registration stabilising at last, near 650 units.
• Caution and uncertainty for 2010 as recession hits buyers and suppliers.
“The drop in big bus registrations has gathered pace over recent months, driven by the recessional forces that have hit other vehicle markets in 2009,” said Paul Everitt, SMMT chief executive. “Coach registrations have stabilised, but at about 55% of recent peak annual volumes. The outlook is not encouraging. The government must use the Pre-Budget Report to bolster business and confidence and investment.”
