HGV market sees signs of recovery in Q2 but still a long way to go, says SMMT


 

New HGV registrations were up by 128.7% in the second quarter of 2021 compared to 2020, revealing positive signs of recovery following the pandemic. However the full revival of the logistics industry has some way to go, the Society of Motor Manufacturers and Traders (SMMT) warned this week, pointing to the pre-pandemic five-year average, which shows that truck registrations in the second quarter of 2021 actually fell 20.1%. According to figures released today (17 August) by the SMMT the increase […]