UK 2012 bus and coach market strong despite October dip
Total bus and coach registrations fell 23.9 per cent to 486 units in October, but climbed 44.9 per cent over the year-to-date. The purpose-built bus and coach market declined 35.3 per cent in the month, but rose 16.1 per cent during January-September. Converted bus registrations dipped 8.5 per cent in October, but rose 84.6 per cent during the first 10 months of 2012.
“Despite overall bus and coach registrations falling 23.9 per cent in October, the solid market performance seen so far this year provides a clearer picture of the health of the sector,” said Paul Everitt, SMMT Chief Executive. “Maintaining this upward trend will be tough next year as wider economic challenges impact on industry, and therefore it is crucial that government maintains its commitment to targeted incentive schemes that will boost market demand and the uptake of innovative technologies.”
Related news:
Comments