UK Commercial Vehicle Production Fell 21.7% in 2013

Production of commercial vehicles in the UK fell 21.7 percent in 2013 to 87,671 units. The culprit, according to the SMMT, was weak demand in Europe, producing a difficult environment for commercial vehicle manufacturers.

by Staff

January 28, 2014

1 min to read

Production of commercial vehicles in the UK fell 21.7 percent in 2013 to 87,671 units. The culprit, according to the Society of Motor Manufacturers and Traders (SMMT), was weak demand in Europe, producing a difficult environment for commercial vehicle manufacturers. The SMMT predicts the market to remain subdued into 2014.

“Production of commercial vehicles struggled in 2013, due to restructuring of manufacturing operations and difficult economic conditions across Europe,” said Mike Hawes, SMMT chief executive. “With early signs of recovery on the continent and better performance in the truck and bus sectors, there are reasons to be positive, but we expect overall volumes to remain subdued for some months yet.”

CV manufacturing	Dec-12	Dec-13	% Change	YTD-12	YTD-13	% Change
Total	6,851	5,136	-25.0%	112,039	87,671	-21.7%
Home	3,301	1,014	-69.3%	48,306	39,761	-17.7%
Export	3,550	4,122	16.1%	63,733	47,910	-24.8%
% export	51.8%	80.3%		56.9%	54.6%

Source: SMMT

Topics:Commercial Vehicles United Kingdom SMMT Operations Vehicle Research Global Fleet

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