HGV sales growth still strong
The UK heavy goods vehicles market grew for the second year in a row in 2023, up 13% to 46,227.
According to the Society of Motor Manufacturers and Traders (SMMT), this represents the best annual total since 2019.
Meanwhile, the data also found that more operators are investing in new zero emission trucks, with electric and hydrogen registrations up by 265.6% to 234 units. However, this accounts for just 0.5% of the market.
Mike Hawes, SMMT chief executive, said: “Two years of growing demand for the very latest, fuel efficient trucks amid testing times reflects these vehicles’ importance to the British economy – and with some HGVs facing the same 2035 end of sale date as cars and vans, the sector is also critical to our green goals. Increasing availability of electric and hydrogen models – and record demand for them – is encouraging market growth but operators need cast-iron confidence to switch. More than ever, government must compel truck infrastructure rollout and provide a signal that the time to invest is now.”
