Other Motor Vehicle Sales in the UK
The Other Motor Vehicle Sales industry has registered a mixed performance, with revenue growth benefiting from robust Freight Road Transport industry demand, which was supported by growth in online shopping. At the same time, moderate increases in household income led to an expansion in consumer spending. More funding for public transport encouraged them to expand their fleets. Revenue for HGV retailers is forecast to drop at a compound annual rate of 0.2% to £6.4 billion over the five years through 2023-24, including revenue growth of 1.7% in 2023-24.
Companies in this industry retail and wholesale new and used trucks, lorries, trailers, semi-trailers, caravans and motorhomes. The sale of buses and off-road vehicles weighing more than 3.5 tonnes is also included.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
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