SMMT News UK Manufacturing

CV manufacturing down again in January as low EU demand and restructuring impact rolls on

20 February 2014 #SMMT News #UK Manufacturing
  • Commercial vehicle (CV) output fell 14.6% in January to 6,681 units.
  • Decline evident across both home and export markets as restructuring impacts volumes.
  • CV manufacturing figures are expected to stabilise in the second half of the year. 

“New Euro-6 engine emission legislation came into effect from January this year, a change which invariably results in a lull in UK heavy commercial vehicle manufacturing and a contributor to January’s 14.6% fall in output,” said Mike Hawes, SMMT Chief Executive. “While van production was strong in the month, the 2014 market will, for some months, continue to be affected by the Europe-wide restructuring that occurred last year.”

JAn 14 CV table

Jan 14 CV graph 1

Jan 14 CV graph 2

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

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