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Converted buses lead sector growth

06 August 2015 #Bus and Coach #News #Top Stories

The UK bus and coach market saw a 7.1% growth in July, according to figures from the Society of Motor Manufacturers and Traders (SMMT), with 2015 year-to-date figures rising by 15.8%.

Positive growth in the sector was fuelled by a 57.1% increase in converted bus registrations, as operators favoured the 3.5t to 8.5t segment.

“Year-to-date figures paint an impressive picture for the bus and coach market, with double-digit growth in all segments putting the sector in a strong position compared with 2014,” said Mike Hawes, SMMT Chief Executive.

“Continued coach operator confidence drove another month of growth for heavier single-deck vehicles in July, while demand for converted buses also led to impressive gains for the sector.

“However, for growth to be sustained, operators, manufacturers and local authorities need greater clarity of the details concerning the devolution of bus franchising to local authorities via the Buses Bill and certainty over the future of the Bus Service Operators Grant.”

The Buses Bill, announced in the budget, provides the option for combined authority areas with directly elected mayors to be responsible for the running of local bus services.bus and coach regs July15

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