Bus and coach sales fall in August
Figures from the SMMT show the overall bus and coach market fell in August for the first time in 2012, dropping 27.8 per cent to 311 registrations for the month, but the market showed a rise of 54.4 per cent from January-August. The purpose-built bus and coach sector declined 57.9 per cent in the month, but was up 28.7 per cent over the year-to-date. Converted bus registrations grew 127.1 per cent in August and 89.9 per cent during the first eight months of the year.
“Despite strong performance throughout 2012, August recorded the first fall in total bus and coach registrations this year, with the market down 27.8 per cent,” said Paul Everitt, SMMT Chief Executive. “While this fall highlights uncertain conditions in the wider economy, it is encouraging to see the sector’s strength over the year-to-date, with registrations up across the total purpose-built and converted bus sectors.”
Related news:
Comments