Bus & Coach Registrations SMMT News

Big bus outlook downbeat, coaches weak and unsettled

06 July 2010 #Bus & Coach #Registrations #SMMT News

 

 
Big bus outlook downbeat, coaches weak and unsettled
 
•          Big buses fall 36% June 2010 on 2009; sharp fall for single and double-decks.
 
•          Big coaches down 22% at June 2010 on 2009; improved recent trend undone.
 
•          Positive contrast of firm growth in 3.5 to 8.5t buses over March to June 2010.
 
“June saw big bus registrations fall as the sector continues in recession so public spending cuts need to be carefully aimed to avoid weakening already damp demand,” said Paul Everitt, the SMMT’s chief executive.  “For firms dependant on UK business the outlook is downbeat.  Spring’s seasonal lift in big coaches was from a low base and didn’t last. But at least the 3.5 to 8.5t sector still shows a welcome growth trend. Finally, good news comes from the government’s recent plan to spend £15m to help put more than 150 new low carbon buses to work in English bus fleets.”
 

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