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TRANSIT CEASED PUBLICATION IN JUNE 2010

Zero-emission truck demand stagnates

SMMT: Heavy goods vehicle registrations fall by -2.7% in 2024 after three years of growth

Mark Moran
17 February 2025

 

The UK’s new heavy goods vehicle (HGV) market fell for the first time in three years in 2024 with registrations down by -2.7%, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).

The decline, however, including a -3.3% drop in quarter four, is compared with a strong 2023 which was the busiest year of truck fleet renewal since 2019. Indeed, with 44,988 new registrations last year, it means 2024 is the second best annual performance across...

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