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Slide in UK CV production continues in August

The latest figures, released by the SMMT, mean that year-to-date output is down 24.6% to 45,928 units, but greater stability is expected in the coming months.

The SMMT added that European demand for commercial vehicles on the up, with EU registrations rising 10.3% in June.

‘UK commercial vehicle production fell 43.5% in August – traditionally the year's quietest month – as some plants took additional shutdown to retool for new models,’ said Mike Hawes, SMMT chief executive. ‘We expect the recent decline to level off in the next few months as newly introduced models reach full production and the rising demand across the EU takes hold.’ 

CV manufacturing

Aug-13  

Aug-14 

% Change 

YTD-13  

YTD-14  

% Change  

Total

3,772  

2,130  

-43.5%  

60,890  

45,928  

-24.6%  

Home

1,416 

1,229 

-13.2% 

27,783 

21,952 

-21.0% 

Export

2,356 

901 

-61.8% 

33,107 

23,976 

-27.6% 

% export

62.5% 

42.3% 

 

54.4% 

52.2% 

 

 

 

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for over 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day.

Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news.

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