- UK commercial vehicle (CV) manufacturing output grows 29.9% in the first six months of the year.
- Particularly strong June sees a 54.5% surge in production, with 9,805 commercial vehicles produced.
- Growth bolstered by both UK and international demand, both of which show strong increases in the year to-date.
British commercial vehicle manufacturing grew by more than a quarter in the first six months of the year, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Almost 50,000 CVs were built between January and June – a 29.9% growth compared to the same period in 2014.
Growth has been fuelled by demand both in the UK and Europe, with production for the domestic market rising 31.6% and exports recording a 28.3% increase so far in 2015. June saw a particularly robust performance with nearly 10,000 CVs produced – a 54.5% rise.
“Today’s figures are encouraging for the sector, with demand for British-built vans, trucks and buses all on the rise,” said Mike Hawes, SMMT Chief Executive. “The UK commercial vehicle industry has experienced some turbulence in the recent past, with restructuring of some operations and changes to type approval affecting output. It is good to see the recovery continuing, and we are optimistic about the future with demand continuing to grow both in the UK and in Europe.”
Click through to download the CV manufacturing data for June 2015.
