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SMMT Reveal Mixed First Quarter Performance for UK Bus and Coach Sector

SMMT UK Bus Coach Sector
The UK’s new bus and coach market fell by -0.6% in the first quarter of 2023, with 968 vehicles joining Britain’s transport network, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT). In their most recent press communication the SMMT said, “with passenger numbers still low since the sharp decline in ridership caused by the pandemic, the overall market remains tough, albeit stable since the first quarter of last year. Registrations remain -39.7% below the pre-pandemic five-year average, highlighting the scale of the challenge to get the sec...

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