Manufacturing
Strong export markets continue to fuel CV manufacturing
19 Nov 2015
SCROLL TO DISCOVER
- 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听released today by SMMTshow 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, SMMTChief Executive听said,听鈥淚t鈥檚 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鈥檚 largest market, Europe.鈥
Click through to download the October 2015 CV manufacturing press release.
BACK TO ALL NEWS
