Commercial vehicle production at 14-year high despite August decline

SMMT

Commercial vehicle production at 14-year high despite August decline

CV manufacturing falls -10.0% in August, but up still 8.8% on pre-pandemic 2019 figures. Output for export declines by marginal -0.2%, while domestic demand drops by -21.3%. In first eight months, production grows by 5.8% to 78,805 units marking best year-to-date performance since 2010. British commercial vehicle (CV) manufacturing fell -10.0% in August, following July’s rise, as 6,044 units rolled out of UK factories, according to new figures…