HGV registrations rise as construction sector rebounds


 

New HGV registrations increased by almost 13% year-on-year in 2021, driven by growth in sectors such as construction, according to the SMMT. However, global shortages of semiconductors, coupled with supply constraints affecting steel and aluminium, hit availability, resulting in 7,571 fewer HGV units registered compared to the pre-pandemic average. The SMMT said 37,163 units were registered last year, 57.1% of which were rigids and 42.9% artics, in line with market splits seen in previous years. As construction bounced back, tipper […]