18 Jan '15, 6pm

The SMMT 2014 registration figures: Bus numbers down, coach sector at five-year high. Tim Deakin details

The SMMT 2014 registration figures: Bus numbers down, coach sector at five-year high. Tim Deakin details

The SMMT coach and bus registration figures for 2014 once again tell two contrasting stories. Numbers for buses are down on 2013, but the coach sector continues to be buoyant, with its total at a five-year high. Tim Deakin looks more closely at the totals. Just as it was a year earlier, it was a tale of two halves for the industry in 2014, if new coach and bus registration figures are used as a barometer. The coach segment maintained a largely strong showing, particularly among heavyweights, while in the bus sector a downward trend continued. The overall figure for all coach and bus registrations in 2014 was 7,352, a drop of 4.6% on 2013’s 7,708. Conversions dominate the market, accounting for 3,912 registrations – 53.2% of the total – in 2014. As a percentage, that was similar in 2013. In the purpose-built sector there were two contrasting stories. The 892 coach registrat...

Full article: http://www.route-one.net/industry/smmt-two-different-stor...

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