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Bus and coach market eases in Q2 after period of strong demand

14 August 2017 #Bus & Coach #Bus and Coach #CV News #Registrations #SMMT News
  • Bus and coach market declines -15.3% to 2,105 units as market adjusts following significant demand.
  • Registrations of double-decks down -36.9% after four consecutive quarters of double-digit growth.
  • Year-to-date registrations fall -10.4% to 3,982 units.

SEE BUS AND COACH REGISTRATIONS BY BRAND

Registrations of new buses and coaches fell -15.3% in the second quarter of 2017, according to figures released today by SMMT. 2,105 units were registered in the period, with demand falling for the second time this year following five consecutive quarterly rises in registrations. This decline also follows a particularly strong Q2 2016, when the market grew by more than a quarter (26.9%) on the previous year.

Although double-decks declined by more than a third (-36.9%), this follows four consecutive months of significant growth for the segment, while single-decks saw a moderate rise of 4.7%, with volumes in line with annual trends. Year-to-date figures showed a similar pattern, with overall registrations of buses and coaches down -10.4% and double-deck demand also down -6.1%.

Mike Hawes, SMMT Chief Executive, said,

Having experienced a sustained period of significant growth, it’s natural to see the market level out to steadier levels. However, with buses so prevalent in our towns and cities, encouraging the uptake of the latest low emission Euro VI diesels and hybrids, as well as zero emission electric buses, will be vital to improving local air quality.

Download the press release and data table for Q2 2017 here.

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