Category: Trade Body Site

Bus and coach registrations grow 45.2% in Q1 2022 but remain well below pre-pandemic levels

Demand for new buses and coaches grows 45.2% in Q1 2022, but remains -44.4% below pre-pandemic five year average. Single deck bus registrations increase sharply, rising by 131.9%, with minibuses up 36.8% and double-deckers up 8.4%. Industry looks to government for crucial infrastructure support and release of Bus Back Better funding to drive fleet renewal.… Continue reading Bus and coach registrations grow 45.2% in Q1 2022 but remain well below pre-pandemic levels

HGV registrations fall -2.3% in Q1 as supply chain and economic headwinds hamper recovery

9,837 heavy goods vehicles registered in first three months of 2022, down -2.3%. Demand for articulated trucks up 7.4% but rigid uptake falls -10.1%. Supply chain challenges and parts shortages hold back market at -17.1% below pre-pandemic levels. SEE HGV REGISTRATIONS BY BRAND DOWNLOAD PRESS RELEASE AND DATA TABLE UK heavy goods vehicle (HGV) registrations… Continue reading HGV registrations fall -2.3% in Q1 as supply chain and economic headwinds hamper recovery

Breach of promise for electric cars

Both the party programs and the government platform are crystal clear that electric cars under NOK 600,000 will not pay VAT. – That the government, completely without warning, runs from this promise is very serious, says Erik Andresen in Bilimportørenes Landsforening. The Revised National Budget, which was presented today, states that the government will introduce… Continue reading Breach of promise for electric cars

Used car buyers double up on electric vehicles as market grows 5.1%

UK used car market grows 5.1% in Q1 2022 with 1,774,351 cars changing hands. Sales up in January (17.7%) and February (7.4%), but down in March (-6.8%). Market for used BEVs more than doubles, up 120.2% marking a record Q1 for transactions. The UK’s used car market increased 5.1% in the first quarter of 2022,… Continue reading Used car buyers double up on electric vehicles as market grows 5.1%

UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery

New light commercial vehicle registrations fall to 21,597 units in April, a decline of -29.1% compared with best-on-record month last year. Registrations of large vans down -19.1%, while deliveries of medium-sized vans, the second largest segment by volume, drop by -48.6%. Supply chain challenges result in downward revision of outlook for 2022 to 328,000 units,… Continue reading UK van registrations fall -29.1% amid supply challenges as manufacturers continue green delivery

April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

UK new car market declines -15.8% to 119,167 units in April, but battery electric car registrations buck trend, up 40.9%. SMMT revises 2022 outlook down from 1.89m units to 1.72m as parts shortages continue to impact supply. Plug-in cars anticipated to account for more than a quarter of market in 2022 but additional assurance needed… Continue reading April new car market declines -15.8% as supply constraints see 2022 outlook downgraded

ACI: yet another slowdown in April for the second-hand market, car radiations in heavy decline

ACI: yet another slowdown in April for the second-hand market, car radiations in heavy decline 04.05.2022 A negative sign also in April for the second-hand market, which is struggling to show signs of recovery in both the four-wheeler and motorcycle sectors. The transfer of ownership of the cars net of mini-transfers (temporary transfers in the… Continue reading ACI: yet another slowdown in April for the second-hand market, car radiations in heavy decline