LIKE car manufacturing, British commercial vehicle manufacturing is on the upward curve.
According to figures released by the Society of Motor Manufacturers and Traders (SMMT) today, commercial vehicle production grew by more than a quarter in the first six months of this year.
Almost 50,000 CVs were built between January and June – a 29.9% growth compared to the same period in 2014.
Growth has been fuelled by demand both in the UK and Europe, with production for the domestic market rising 31.6% and exports recording a 28.3% increase so far in 2015. June saw a particularly robust performance with nearly 10,000 CVs produced – a 54.5% rise.
One of our brightest commercial stars in the UK is Vauxhall, with production of the all-new Vivaro going from strength to strength in Luton, Bedfordshire, contributing to this record figure.
Mike Hawes, SMMT Chief Executive, said of these numbers: “Today’s figures are encouraging for the sector, with demand for British-built vans, trucks and buses all on the rise.
“The UK commercial vehicle industry has experienced some turbulence in the recent past, with restructuring of some operations and changes to type approval affecting output. It is good to see the recovery continuing, and we are optimistic about the future with demand continuing to grow both in the UK and in Europe.”