Table 5.

Kick Start—estimated investment in new Euro III buses in the UK

2001 total fleet15 36 104
Less London fleet*(6 500)
Total29 604
Suitable market = 10% of above figure2 960
Route 7 experience was an investment in new buses equivalent to 75% of the fleet in operation prior to the service change.
Non-London figure for the industry would therefore be investment in 2220 vehicles (i.e. 2960 × 75%).
Total investment, at average of £90 000 per vehicle, would therefore be £200 million.
*

Stagecoach estimate.

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