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Volvo share rises in expanding market

Volvo share rises in expanding market Coach and double-deck bus demand increases Volvo market share.
NEW bus and coach deliveries in the UK in the first six months of 2008 were up by just over 20 per cent on the same period last year, at 2,430 vehicles, according to figures released by the SMMT. The 2007 half-year figure was 1,998.

Volvo did particularly well, pushing its deliveries up from 455 in the first half of 2007 to 688 this year, raising its market share from 22.8 to 28.3 per cent. Second place Alexander Dennis saw a slight drop in deliveries, from 395 to 379, bringing its market share down from 19.8 to 15.6 per cent. Scania overtook Optare, to take third place with 268 registrations, against Optare’s 255, while fifth-placed MAN performed remarkably well, increasing deliveries from 128 to 245, which pushed its market share up from 6.4 to 10.1 per cent.

The top five manufacturers between them accounted for three-quarters of all new bus and coach deliveries.

Volvo’s strong performance was boosted by demand for both coaches and double-deck buses. While the SMMT sees continuing healthy demand for buses it forecasts a slow down in coach sales, saying that the long-term decline in the coach market is being exacerbated by difficulties in the tourist market caused by the current economic climate.

www.smmt.co.uk


The top five in the UK bus and coach market: January to June 2007/8

                        2007                                  2008                              
                     Volume        Share  %       Volume        Share %

1    Volvo           455               22.8               688                28.3
2    ADL             395               19.8               379                15.6
3    Scania         201               10.1               268                11.0
4    Optare         223               11.2               255                10.5
5    MAN            128               6.4                 245                10.1

 Total market    1,998                                   2,430

Source: SMMT