SMMT News UK Manufacturing

Strong export markets continue to fuel CV manufacturing

19 November 2015 #SMMT News #UK Manufacturing
  • Number of British commercial vehicles made for export boosted by 32.1% in October.
  • October is ninth consecutive month of growth, with CV output rising 10.5% to 7,995 units.
  • Year-to-date performance up by more than a third compared with first 10 months of 2014.

Figures released today by SMMT show that foreign demand continues to drive British commercial vehicle manufacturing, with overall production volumes up 10.5% in October. Almost 8,000 commercial vehicles, including vans, trucks and buses, were built in the UK last month, with a 32.1% rise in production for export.

Mike Hawes, SMMT Chief Executive said, “It’s great to see UK commercial vehicle manufacturing continuing its resurgence in the third quarter of 2015, with year-to-date figures still demonstrating impressive double-digit growth. Particularly encouraging is the growing demand for exports, fuelled by the recovery of the sector’s largest market, Europe.”

CV Manufacturing October 15_1

CV Manufacturing October 15_2

Click through to download the October 2015 CV manufacturing press release.

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