Figures from the Society of Motor Manufacturers and Traders show a boost to UK commercial vehicle production in May 2015 but engine production has slumped. Over 6,800 vans, trucks and buses were made in Britain last month – a 32.8% rise compared with last year. Data for the first five months of 2015 further demonstrate a CV manufacturing resurgence, with production volumes up by almost a … [Read more...]
CVs are coming back from the brink
Society of Motor Manufacturers and Traders saw an increase in demand for UK-built commercial vehicles last month. Britain produced 9,648 vans and trucks in March, representing an uplift of 43.3% over last year. In the first quarter of the year, 23,435 commercial vehicles were produced, marking 19.1% growth following reduced output in 2014. This growth can be attributed to a particularly … [Read more...]
Substantial growth in UK CV production
UK commercial vehicle manufacturing rose 33.7% in February to 8,344 units. Production increased 6.5% in first two months of 2015, with 13,787 CVs manufactured as demand from the home market drives sector performance, buoyed by strong exports. "The surge in output from UK commercial vehicle manufacturers in February has put the sector on a strong footing for the year ahead," said Mike Hawes, … [Read more...]