SMMT News UK Manufacturing

CV production slide continues in August

25 September 2014 #SMMT News #UK Manufacturing
  • UK commercial vehicle production fell by 1,642 units in August as the 2014 calendar saw some plants take additional shutdown, compared to last year, for retooling.
  • Year-to-date output down 24.6% to 45,928 units, but greater stability expected in coming months.
  • 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 aug 1

 

CV manufacturing output rolling year total

CV manufacturing output rolling year total

CV manufacturing output, year-to-date, 2012-2014

 

CV manufacturing output, year-to-date, 2012-2014

 

Click through to download the UK CV manufacturing news release for August 2014

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