New heavy goods vehicle (HGV) registrations rose 2.6% in Q2 2024, reversing the decline recorded in the first quarter of the year, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).
Spring saw 11,469 new HGVs enter service, with growth driven by a rise in rigid truck uptake as the market continues to normalise following the fulfilment of pent-up demand in 2023. Rigids rose 9.7% in Q2 to reach 6,640 units, taking a 57.9% market share, up from...
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