Bus and coach registrations face uncertain future
• Big buses down 4.9% at Q3 2009 on Q3 2008.
• Annualised trend in big coach registrations may stabilise at 600 units.
• Order context and outlook is poor; uncertain period anticipated ahead.
“In September, all bus and coach segments fell short of 2008 volumes with the market down almost a third, despite the plate change,” said Paul Everitt SMMT chief executive. “On the back of a good order book meaning year-to-date registrations are down only fractionally, this marks the start of a period of uncertainty in the sector.”
