Commercial vehicle manufacturing in Britain up 8.5% in 2018
The Manufacturer | February 04, 2019
British commercial vehicle manufacturing grew 8.5% last year, with nearly 85,000 units leaving production lines. The increase in output follows weaker performances in 2016 and 2017, and low volumes at the beginning of the year. According to the SMMT, domestic demand increased by 17.9% in 2018, with an additional 5,248 CVs built for UK operators.
Exports grew by 2.9% to 50,320 units, with almost six out of every 10 vans, trucks, taxis and buses built in the UK in 2018 exported, 93.6% of those going to the EU and 2.3% destined for Asian markets.