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SMMT: HGV Market Slows as Demand Normalises

SMMT quarterly HGVs Q3 2024
The heavy goods vehicle market experienced a 6.0% decline in the quarter compared to last year’s significant growth, as underlined by SMMT, primarily due to reduced demand for the largest trucks. However, overall uptake remains above pre-pandemic levels, while the zero-emission truck segment shrank for the first time this year but maintained its market share year-to-date.

SMMT Report: HGV Hgv Market Slows Down as Demand Normalises Following Bumper Year

New heavy goods vehicle (HGV) registrations fell by -6.0% in the third quarter, according to the latest figures published today by the ...

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