According to the latest SMMT report, CV production in the UK has been declining for six months now, with plant restructuring driving volumes down.
CV Production Data by SMMT
CV production declined by 77.9% with 3,229 units, due to the consolidation of operations by a leading manufacturer. Van production was down by 35.9% in September, reaching 54,319 units.
The news comes ahead of the Budget on 26 November, and as the industry calls on the Chancellor to re-align fiscal measures with pro-growth policies that support the government’s Modern Industrial Strategy. The sector is warning of seve...
CV Production Data by SMMT
CV production declined by 77.9% with 3,229 units, due to the consolidation of operations by a leading manufacturer. Van production was down by 35.9% in September, reaching 54,319 units.
The news comes ahead of the Budget on 26 November, and as the industry calls on the Chancellor to re-align fiscal measures with pro-growth policies that support the government’s Modern Industrial Strategy. The sector is warning of seve...
