SMMT News UK Manufacturing

Weak demand hampers 2013 CV manufacturing

23 January 2014 #SMMT News #UK Manufacturing
  • Production of commercial vehicles fell 21.7% in 2013, to 87,671 units.
  • Weak demand in Europe produced difficult environment for CV manufacturers.
  • Output predicted to stay subdued into 2014.

 

“Production of commercial vehicles struggled in 2013, due to restructuring of manufacturing operations and difficult economic conditions across Europe,” said Mike Hawes, SMMT Chief Executive. “With early signs of recovery on the continent and better performance in the truck and bus sectors, there are reasons to be positive, but we expect overall volumes to remain subdued for some months yet.”

Dec 13 CV graph

Dec 13 CV graph 2

 

Dec 13 CV graph 3

 CV production changes

 

Click through to download the UK CV manufacturing news release for the full year 2013.

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