The Society of Motor Manufacturers & Traders (SMMT) report shows new HGV registrations in the UK declining by around 3% in Q1 2026.
HGV in Q1 2026
New HGV registrations declined by 2.7% in Q1 2026 with 9,471 new trucks joining UK roads, according to SMMT. The decline follows a slight 1.7% rise in Q4 last year as fleet renewal continues to normalise following three years of sustained post-pandemic pent-up demand, although growth is also constrained by the challenging economic backdrop.
The slight contraction reflects a mixed picture for the overall market, with demand for box vans down ...
HGV in Q1 2026
New HGV registrations declined by 2.7% in Q1 2026 with 9,471 new trucks joining UK roads, according to SMMT. The decline follows a slight 1.7% rise in Q4 last year as fleet renewal continues to normalise following three years of sustained post-pandemic pent-up demand, although growth is also constrained by the challenging economic backdrop.
The slight contraction reflects a mixed picture for the overall market, with demand for box vans down ...
