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.
Recommended Buyer's Guides
Year to date volume was down 20.6% to 25,790 with reduced output for both domestic and export markets.
Go deeper with GlobalData
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 How well do you really know your competitors?Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge. 
Company Profile – free
sample
Thank you!Your download email will arrive shortly Not ready to buy yet? Download a free sampleWe are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form By GlobalData |
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% |
|
