- UK commercial vehicle (CV) manufacturing fell just 0.7% in November.
- Resurgent home market demand grew for second month, but exports remained subdued.
- Year-to-date fall of 21.6% affected by 2013 restructuring; more positive 2015 expected.
“The signs remain positive for UK commercial vehicle production after many months of decline, with output in November almost level,” said Mike Hawes, SMMT Chief Executive. “The strong UK market is driving the turnaround, while export markets continue to struggle. We anticipate 2015 to be a better year as new models ramp up and the effects of last year’s restructuring no longer apply.”
CV manufacturing output – rolling year total
CV manufacturing output – January-November, 2012-2014
Click through to download the UK CV manufacturing news release for November 2014.
