UK COMMERCIAL VEHICLE PRODUCTION INCREASES IN NOVEMBER

UK COMMERCIAL VEHICLE MANUFACTURING
20 December 2019 (data for November 2019)

  • UK commercial vehicle production rises 9.8% in November, with 8,768 units built.
  • Output for overseas market up 43.5%, but production for home drops -21.7%.
  • Year-to-date performance has fallen by -9.3% during a turbulent year.

Friday 20 December 2019 UK commercial vehicle (CV) production increased 9.8% in November, with 8,768 units manufactured, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT). Output for overseas markets was up 43.5%, but production for the domestic market fell again, down
-21.7% as business confidence remained weak.

Factories produced 785 more units than in the same month last year, with the increase partly due to the ramp up of key new model production. Year to date, output is -9.3% down, with exports having fallen by -11.5%. 70,918 CVs have been produced so far this year, with nearly 6 in 10 shipped overseas, highlighting the importance of international trade.

Mike Hawes, SMMT Chief Executive, said, “It has been a turbulent year in the commercial vehicle sector, with political and economic uncertainty contributing to a drop in demand, especially from UK fleets. Operators need stability and confidence to invest so industry looks forward to working with the new government to help deliver an ambitious EU trade deal, which is tariff free, avoids barriers to trade and includes regulatory alignment.”


Notes to editors

High res charts can be downloaded here: https://www.dropbox.com/sh/2yf0fslts64pwsn/AABT8JZAgjywl9oThecKWKMea?dl=0

About SMMT and the UK automotive industry

The Society of Motor Manufacturers and Traders (SMMT) is one of the largest and most influential trade associations in the UK. It supports the interests of the UK automotive industry at home and abroad, promoting a united position to government, stakeholders and the media.

The automotive industry is a vital part of the UK economy accounting for £82 billion turnover and £18.6 billion value added. With some 168,000 people employed directly in manufacturing and 823,000 across the wider automotive industry, it accounts for 14.4% of total UK export of goods and invests £3.75 billion each year in automotive R&D. More than 30 manufacturers build some 70 models of vehicle in the UK supported by 2,500 component providers and some of the world's most skilled engineers.

More detail on UK automotive available in SMMT's Motor Industry Facts 2019 publication at smmt.co.uk/facts19

Broadcasters: SMMT has an ISDN studio and access to expert spokespeople, case studies and regional representatives.

 

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