Exports drive UK’s January commercial vehicles output
Commercial vehicle output in the UK rose 24.4% year on year in the first month of 2016, with 6,770 new vans, trucks, buses and coaches built.
Export demand - up 65% to 3,468 vehicles - continued to fuel production. UK market output slipped 1.2% to 3,302.
Commercial vehicle output in the UK rose 24.4% year on year in the first month of 2016, with 6,770 new vans, trucks, buses and coaches built.
Export demand – up 65% to 3,468 vehicles – continued to fuel production. UK market output slipped 1.2% to 3,302.
SMMT chief executive Mike Hawes, said: “CV production got off to a great start in January. Recovery in Europe continues to benefit the sector, driving production for export up with more than half of all commercial vehicles in January produced for international markets.”
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