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Exports Push Demand as UK Commercial Vehicle Production Rises

Exports UK Commercial Vehicle
The standout news from June is that the British CV manufacturing grew by 6.1%, as 7,769 vehicles left the production lines. This is according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).

Demands Pushed by Exports

Production for the UK rose by 3.1%, which is equivalent to 91 units, alongside a more substantial 8.1% boost in export demand. This increase in export demand is represented by 4,713 vehicles being shipped to overseas markets during the month.

 

The overall picture for the first six months is however less rosy with output remaining ...

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