SMMT warns of “deeply concerning” drop in new HGV registrations in Q2


 

The UK’s new heavy goods vehicle (HGV) market fell by 73.4% in the second quarter of 2020, with 4,151 units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). While the bulk of the decline was driven by coronavirus lockdown measures, a strong Q2 in 2019 – boosted by the the introduction of smart tachographs which saw a large uptick in orders – contributed to this year’s decline. Registrations of rigid trucks fell by […]