UK Commercial Vehicle Production Up 9% in November

UK commercial vehicle manufacturing rose 9.7% in November, according to the latest figures released by the Society of Motor Manufacturers and Traders in CV News.

UK commercial vehicle manufacturing rose 9.7% in November, according to the latest figures released by the Society of Motor Manufacturers and Traders in CV News.

Production for export continues to drive growth, with nearly 75% of the 9,669 CVs built in Britain last month destined for overseas markets.

Overall year-to-date figures remain steady, with a 0.1% increase in volume compared with the same period in 2015, fueled by a 16.0% uplift in international demand. Almost 51,000 new vans, trucks, buses and coaches have been built for foreign markets so far this year.

The full story is here.

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