British commercial vehicle (CV) production is holding steady in 2016, despite a marginal decline in output of -0.9% in April to 8,548 units, with overall growth of 0.4% to 32,187 in the first four months of the year, according to Society of Motor Manufacturers and Traders (SMMT) data.
A 13.6% increase in domestic demand to 4,047 offset an -11.2% decline in production for export (4,501) in the month. However, in the year to date, output for overseas buyers remains ahead – up 9.6% to 16,951 on the same period in 2015, with more than half (52.7%) of UK-built CVs destined for international markets.
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Mike Hawes, SMMT chief executive, said, "Although April saw a slight decrease in CV production, the sector continues to perform well with positive year-to-date figures. Following the substantial rise in volumes last year, we can expect production growth to ease slightly over coming months. However, with continued demand for British-built vans and trucks at home and around the world, the sector's outlook is positive."
