- UK commercial vehicle (CV) manufacturing grows 46.3% in July, with 9,274 units built.
- Production for the domestic market particularly strong, up 137.6% over July 2014, while exports steady.
- CV industry has seen strong recovery in 2015 so far, with a 32.4% uplift in output.
Britain’s commercial vehicle manufacturing industry continued its strong recovery in July, with production volumes up 46.3% over the same month last year. A total of 9,274 CVs were built in the month, with output for the UK market posting an especially strong gain of 137.6%.
July’s figures are a continuation of the recovery made by the sector throughout 2015, which has seen production levels grow by a third to 57,967 units. Volumes last year were impacted by some restructuring within the industry, as well as a spike in truck demand in 2013 related to type approval changes. This year’s growth comes off the back of increasing demand both domestically and abroad for UK-built CVs.
“The commercial vehicle manufacturing sector’s impressive performance in July is further welcome evidence of its ongoing return to form,” said Mike Hawes, SMMT Chief Executive. “After a difficult year of regulatory upheaval, we’re now seeing demand for British-built vans, trucks and buses bounce back as fleet renewal patterns return to normal and the online delivery market continues to grow.”
