Slump in HGV registrations blamed on Covid and bumper 2019


 

New HGV registrations plummeted by more than 32% last year, according to SMMT figures. The decline, which led to the weakest demand since 2010, was attributed not only to the coronavirus pandemic but also a bumper 2019, when new smart tachograph legislation prompted a 12.6% increase in registrations. The figures showed that 32,918 units were registered in 2020, of which 57.7% were rigids and 42.3% were artics. There were declines in both types of truck, with 7,352 fewer rigids and […]