Commercial vehicle production in the UK fell 27.3% year on year to 6,270 units in April, as the impact of restructuring continued, according to the SMMT.
Year to date volume was down 20.6% to 25,790 with reduced output for both domestic and export markets.
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Output is expected to stabilise in second half of the year with an upturn in European demand, the SMMT said.
“Production of commercial vehicles continues to suffer the effects of restructuring and, for the truck sector, the impact of last year’s spike in demand around new Euro-6 legislation,” said SMMT chief executive Mike Hawes.
“However, with some investments yet to be realised and eight consecutive months of growth in the European market, the outlook is more encouraging.”
|
CV manufacturing |
Apr-13 |
Apr-14 |
% Change |
YTD-13 |
YTD-14 |
% Change |
|
Total |
8,623 |
6,270 |
-27.3% |
32,477 |
25,790 |
-20.6% |
|
Home |
3,899 |
2,895 |
-25.8% |
16,565 |
12,412 |
-25.1% |
|
Export |
4,724 |
3,375 |
-28.6% |
15,912 |
13,378 |
-15.9% |
|
% export |
54.8% |
53.8% |
|
49.0% |
51.9% |
|
