UK truck market down -22.5% in Q1 2020

Heavy goods vehicle (HGV) registrations fell -22.5 per cent in the first quarter of 2020, with 9,193 units registered, according to Society of Motor Manufacturers and Traders (SMMT) figures. Fluctuations in the sector’s naturally long fleet renewal cycle, together with lockdown measures introduced partway through March affected HGV registrations, rounding off the first three months of the year down some 2,666 units.