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UK commercial vehicle production up 13.8% in May

The SMMT figures for May show UK commercial vehicle output increased 13.8% to 7,748 units. The home market drove output, with demand up almost a quarter, while production for export also enjoyed substantial gains, putting the overall sector up by 2.7% in the year to date.

The news comes as European commercial vehicle markets reported a 17th month of growth as the region continued its economic recovery. New commercial vehicle registrations in Europe grew 16.4% in May, with the market up 13.5% for the first five months of 20161. 

Mike Hawes, SMMT chief executive, said: “It’s good to see UK commercial vehicle manufacturing performing strongly in May which puts it on track for a positive 2016. The commercial vehicle market is linked to economic confidence in the UK and Europe, with 88% of UK-built CV exports shipped to the continent last year. For this performance to continue, we need to ensure we maintain free access to our main markets as well as pursuing new global opportunities.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 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. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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