CV manufacturing down again in January as low EU demand and restructuring impact rolls on

However, SMMT are confident that CV manufacturing figures will stabilise in the second half of the year.

‘New Euro-6 engine emission legislation came into effect from January this year, a change which invariably results in a lull in UK heavy commercial vehicle manufacturing and a contributor to January’s 14.6% fall in output,’ said Mike Hawes, SMMT chief executive.

‘While van production was strong in the month, the 2014 market will, for some months, continue to be affected by the Europe-wide restructuring that occurred last year.’

CV manufacturing	Jan-13	Jan-14	% Change	YTD-13	YTD-14	% Change
Total	7,822	6,681	-14.6%	7,822	6,681	-14.6%
Home	4,196	3,445	-17.9%	4,196	3,445	-17.9%
Export	3,626	3,236	-10.8%	3,626	3,236	-10.8%
% export	46.4%	48.4%		46.4%	48.4%