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CV production still down, but hope is on the horizon

24 October 2014 #Bus and Coach #News #Top Stories #Truck #Van

UK commercial vehicle manufacturing remains negative, as the sector experienced a difficult September.

A total of 4,818 units were produced throughout the month, with the sector down 31.1% on September 2013. CV output for export fell by 27.8% compared to the same month last year, with output for the domestic sector down by 33.9%.

The overall CV manufacturing sector is down 25.2% over the first nine months of this year compared to 2013, while the export and home markets remain behind by 27.6% and 22.6% respectively.

SMMT Chief Executive Mike Hawes said, “UK commercial vehicle production remained negative in September, while key manufacturing facilities adjusted to new models.

“We expect monthly output to level off in the coming months, with the restructuring of operations last year now only affecting the year-to-date figures.”

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