Figures released today by the Society of Motor Manufacturers and Traders (SMMT) show that foreign demand continues to drive British commercial vehicle manufacturing, with overall production volumes up 10.5% in October. Almost 8,000 commercial vehicles, including vans, trucks and buses, were built in the UK last month, with a 32.1% rise in production for export.
Mike Hawes, SMMT Chief Executive said, “It’s great to see UK commercial vehicle manufacturing continuing its resurgence in the third quarter of 2015, with year-to-date figures still demonstrating impressive double-digit growth. Particularly encouraging is the growing demand for exports, fuelled by the recovery of the sector’s largest market, Europe.”
| CV manufacturing | Oct-14 | Oct-15 | % Change | YTD-14 | YTD-15 | % Change |
| Total | 7,235 | 7,995 | 10.5% | 57,981 | 79,401 | 36.9% |
| Home | 4,372 | 4,214 | -3.6% | 28,846 | 40,610 | 40.8% |
| Export | 2,863 | 3,781 | 32.1% | 29,135 | 38,791 | 33.1% |
| % export | 39.6% | 47.3% | 50.2% | 48.9% |
CV output – rolling year totals 2008-2015
