Van, Truck, Trailer, Bus and Coach Aftermarket News in Ireland
Menu

UK’s CV production bounces back in September

Commercial vehicle (CV) manufacturing output in the UK grew by more than a quarter (25.9%) in September as 14,643 vans, buses, trucks, coaches and taxis rolled out of UK factories, according to new figures published today by the Society of Motor Manufacturers and Traders (SMMT).

Production bounced back to growth following a decline in the traditional low volume ‘summer shutdown’ month of August.

Exports continued to dominate output, accounting for 63.3 per cent of everything made in September, as volumes rose by 37.2 per cent to a total of 9,276 units.

In line with the long-term trend, the EU took the bulk of shipments (98.7%), reinforcing the need for smooth trade across the Channel. Production for UK buyers also rose, by 10.1 per cent to 5,367 units.

In the year to date, UK CV plants have produced 93,447 units, a rise of 8.5 per cent on 2023 and the best first nine months since 2008, after supply issues that blighted the second quarter dissipated in Q3.

Exports have driven overall growth, up 15.1 per cent, more than offsetting a -2.5 per cent decline in output for the domestic market.