UK CV output falls in October - Just Auto
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UK CV output falls in October

26 Nov 2020

UK commercial vehicle (CV) production fell by 25.6% year on year in October with 6,761 units manufactured according to the Society of Motor Manufacturers and Traders (SMMT).

UK commercial vehicle (CV) production fell by 25.6% year on year in October with 6,761 units manufactured according to the Society of Motor Manufacturers and Traders (SMMT).

Output for both export and domestic markets declined, by 21.1% and 30.4% respectively, as worries over recovery post-pandemic were compounded by the looming threat of a no deal Brexit, according to the SMMT.

Factories turned out 2,326 fewer buses, coaches, vans, trucks and taxis than in the same month in 2019, as output for the domestic market fell for the first time since May, in spite of the wider CV and logistics sectors working double time to keep the country moving throughout the pandemic. The number of units manufactured for export decreased 21.1%, making up 54.5% of total production in the month.  

Performance year to date remains down, falling by 18.1% overall, with a shortfall of 11,256 units in the first 10 months of the year. All told, just over 50,000 new commercial vehicles have been made in Britain this year.

October saw only 76 buses built in Britain, down 34.5%. The impact of social distancing continued to affect operator confidence, with bus production now down 52.9% year to date. This week's government pledge to deliver the first 800 new zero emission buses by the end of this financial year, as part of the prime minister's commitment in early 2020 to fund 4,000 of these vehicles, should offer some relief for the struggling bus manufacturing sector.

Mike Hawes, SMMT Chief Executive, said, "These figures demonstrate the immense pressure the commercial vehicle sector is under in these unprecedented times. During the pandemic the industry has stepped up, flexing to meet demand while, as always, putting safety first. CV output is decreasing, however, and orders at home and overseas are down as operators delay fleet renewal due to COVID pressures, exacerbated, in the UK at least, by Brexit uncertainty."