SMMT News UK Manufacturing

CV manufacturing level in November after months of decline

18 December 2014 #SMMT News #UK Manufacturing
  • 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.”

 

UK commercial vehicle CV production November 2014

 

 

CV manufacturing output – rolling year total

CV manufacturing output – rolling year total

 

CV manufacturing output – January-November, 2012-2014

 

CV manufacturing output – January-November, 2012-2014

 

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

 

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