UK Commercial Vehicle Production Up 24% in November

Commercial vehicle production in the UK saw a 24.6% uplift in November as it continues to recover strongly from a subdued 2014, according to figures released  by the Society of Motor Manufacturers and Traders (SMMT).

Commercial vehicle production in the UK saw a 24.6% uplift in November as it continues to recover strongly from a subdued 2014, according to figures released  by the Society of Motor Manufacturers and Traders (SMMT).

Production for export saw a huge 79.1% jump following growing demand in Europe, while output destined for the UK market remains strong in 2015 despite a dip in November. 88,214 CVs have rolled off production lines so far this year – up 35.6% over 2014 volumes.

Mike Hawes, SMMT Chief Executive, said, “The recovery in UK CV manufacturing this year has been good to see, with consistently strong growth in almost every month. November’s performance was driven principally by production for export, underlining the importance of the EU as the sector’s key overseas market.”

 

 

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