The UK’s new bus and coach market fell in every quarter of 2017, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Following a period of strong growth in 2015 and 2016, last year saw registrations decline by nearly 13% to 7,666.
Double-deck demand saw the biggest fall across the year, declining by 17% with 1,598 units registered. Single-decks and minibuses also experienced declines, down 8% and 13% respectively.
Between October and December, 1,688 new buses and coaches were registered, falling 16%. Single-deck and double-deck registrations both saw double-digit declines in quarter four, by nearly 21% and nearly 28% respectively. Meanwhile, demand for minibuses was down almost 6%.
Mike Hawes, SMMT chief executive, said: “Following strong market performance in the previous two years and the highly cyclical nature of fleet purchasing in this sector, it’s no surprise to see orders fall in 2017. However, declining business confidence undoubtedly played a part.
“To encourage future long-term investment, operators must have economic and regulatory certainty. Government’s proposed closure of the Euro-V legislation loophole is overdue and must be implemented urgently if we are to get more of the latest low emission Euro-VI vehicles onto our roads and improve air quality in our towns and cities.”