UK commercial vehicle manufacturing fell by 3.9% in October, as highlighted by the SMMT report, but achieved the second-best monthly performance since 2008. While export production dropped by 11.6%, domestic demand grew by 11.9%, with year-to-date output rising 6.9% to 105,834 units—a 16-year high.
CV Production Hits 16-Year High for Jan-Oct
UK commercial vehicle (CV) manufacturing fell by -3.9% in October following September’s return to growth, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). October 2023 saw a 47.5% jump in p...
CV Production Hits 16-Year High for Jan-Oct
UK commercial vehicle (CV) manufacturing fell by -3.9% in October following September’s return to growth, according to the latest figures published today by the Society of Motor Manufacturers and Traders (SMMT). October 2023 saw a 47.5% jump in p...
