Commercial vehicle manufacturing kickstarts 2016 with production up by a quarter

CV production grows 24.4% in January, with output reaching 6,770 vehicles.Exports fuel demand, up 65% on the same month last year.Production for the UK down marginally by 1.2%.25 February, 2016 Commercial vehicle manufacturing rose by 24.4% in the first month of 2016, with 6,770 new vans, trucks, buses and coaches made in Britain this January. Foreign demand continued to fuel production, with commercial vehicle output for overseas markets showing substantial growth compared with January 2015.Mike Hawes, SMMT Chief Executive said, “CV production got off to a great start in January, with output up by a quarter on last year. Recovery in Europe continues to benefit the sector, driving production for export up an impressive 65% last month, with more than half of all commercial vehicles in January produced for international markets.”Download the full CV press release as a Word document.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)