HGV market down 8.4% in Q3 2021
Registrations of new heavy goods vehicles (HGV) declined 8.4 per cent in the third quarter of 2021. According to figures released by the Society of Motor Manufacturers and Traders (SMMT), the decrease saw 7,715 trucks registered, some 704 fewer than the Q3 2020 total, which itself was volatile due to the effects of the pandemic. It was also down 9.8 per cent on a particularly weak pre-pandemic total in 2019, which saw orders pulled forward into the second quarter of the year ahead of the introduction of new smart tachograph regulations.