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2013 domestic CV production fell 51.4% in August, SMMT data reveals

Only 3,694 units were manufactured in the month of August, a decline of 51.4% on August 2012 figures.

The report also reveals that year-to-date output is down 16.6% to 60,646 units, with the SMMT expecting output to remain subdued throughout the remainder of 2013.

Mike Hawes, SMMT chief executive, commented: ‘Focused almost entirely on the European market, UK commercial vehicle manufacturing has been impacted by ongoing uncertainly in Eurozone countries, model changes and restructuring of some domestic operations.

‘We expect overall commercial vehicle output to remain negative through the rest of the year, but some sectors may fare better with recent increases in demand for UK-built trucks and buses.’

CV manufacturing

Aug-12

Aug-13

% Change

YTD-12

YTD-13

% Change

Total

7,608

3,694

-51.4%

72,708

60,646

-16.6%

Home

3,648

1,338

-63.3%

29,918

27,539

-8.0%

Export

3,960

2,356

-40.5%

42,790

33,107

-22.6%

% export

 52.1%  63.8%

 

 58.9%  54.6%

 

 

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