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UK commercial vehicle sector doubles output in September

Date: 22 October 2015   |   Author: Daniel Puddicombe

The UK's commercial vehicle sector more than doubled its manufacturing output in September, figures from the Society of Motor Manufacturers and Traders have revealed.

According to the SMMT, output during the month increased by 103.6% compared to September 2014, with 9811 commercial vehicles built.

So far, 71,406 commercial vehicles have been built in 2015, an increase of 40.7% compared to the same period in 2014.

Manufacturing for the domestic and export markets grew by 94.3% and 113.9% respectively.

"The British commercial vehicle industry's continued recovery is great to see, with significant investments into new models reaping benefits and helping overcome structural changes," said Mike Hawes, SMMT chief executive.

"Manufacturers are capitalising on increasing demand for CVs across the rest of the EU - the sector's principal export market - as well as in the UK, where registrations have grown consistently throughout this year," he added.