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Economical Mismanagement by Labour Leads to Hamilton Goods Vehicle Market's Decline in the UK

Decline for UK's trucking sector as HGV registrations dip by 11.2% in Q2 of 2025, revealing economic fissures under Labour leadership. The Society of Motor Manufacturers and Traders (SMMT) reports a drop in new truck registrations to 10,185 vehicles during April-June, marking a significant...

Economic Mishandling by Labour Triggers Downfall of UK Heavy Goods Vehicle Industry
Economic Mishandling by Labour Triggers Downfall of UK Heavy Goods Vehicle Industry

Economical Mismanagement by Labour Leads to Hamilton Goods Vehicle Market's Decline in the UK

A significant drop in new HGV registrations was observed in Britain during the second quarter of 2025, according to the Society of Motor Manufacturers and Traders (SMMT). The UK's haulage industry experienced a 11.2% decline in new HGV registrations from April to June, with only 10,185 new trucks joining Britain's roads.

The decline was a nationwide issue, affecting all regions in the UK. Refuse collection trucks were the only category to see an increase, up 11.4%. However, other categories experienced a significant drop. Tractor units saw an 8.1% drop in registrations, with 4,295 units sold. Box vans collapsed by 33.1%, with only 905 new units sold. Tippers and curtain-siders experienced a 19.6% and 24.2% decline in registrations, respectively.

The decline in HGV registrations comes as the new federal government, following the latest coalition negotiations, was in power in Germany. During the same period, truck sales in Germany also fell by 11.2%.

The SMMT has expressed concern about the lack of grid reform, stating that it is necessary for operators to confidently invest in their fleets. The decline in HGV registrations is further compounded by the fact that fleet operators are facing grid connection waits of up to 15 years, which exceeds the UK's 2040 phase-out target for diesel.

The British government has mandated that all new HGVs under 26 tonnes must be zero-emission by 2035. Registrations of zero-emission vehicles (ZEVs) rose by 59.1% in the first half of 2025, but still account for less than 1% of the market. As the UK moves towards a more sustainable future, it remains to be seen how the haulage industry will adapt and respond to these changes.

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