UK commercial vehicle manufacturing output declines for fifth month in a row, down -45.4% in February. Domestic and overseas orders see double-digit drops, with exports halved (-51.3%). Output down -38.3% in the first two months of the year, with 9,924 vans, trucks and buses leaving factories.
February Drop in UK CV Manufacturing
UK commercial vehicle (CV) production declined -45.4% in February, with 4,308 units built, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). CV manufacturing entered its fifth consecutive month of decline as...
February Drop in UK CV Manufacturing
UK commercial vehicle (CV) production declined -45.4% in February, with 4,308 units built, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). CV manufacturing entered its fifth consecutive month of decline as...