UK commercial vehicle (CV) manufacturing grew 36.9% in May to 10,813 new vans, buses, trucks, coaches and taxis, according to the Society of Motor Manufacturers and Traders (SMMT).

The sector’s performance was the strongest in May since 2008, passing its 10 year high for the month last year, and marking the second consecutive month of rising output.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Growth was driven by production for export last month, with a significant 48.1% rise in the number of CVs shipped overseas, at 7,943 units. Seventy percent of British-built CVs left UK shores and 93.6% of those were exported to the EU.

UK operator demand rose 13.1% to 2,870 units.

Manufacturers have made 46,927 units so far in 2023, up 14.3% year on year, and a significant 47.6% above that in 2019.

CV production volumes are due to increase further this year, reflecting less turbulent global supply chains and the launch of a new electric van manufacturing plant.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Mike Hawes, SMMT chief executive, said, “With ongoing growth in demand for British commercial vehicles, particularly from overseas markets, the sector is bucking challenging economic trends.”

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now