UK CV Manufacturing Falls 13.6% in February as Coronavirus Grips Sector

CV-Output

UK commercial vehicle production declined -13.6% in February, with 7,980 vans, trucks and buses manufactured, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT).

CV Production Feels Impact of COVID19

 

The performance follows a bumper February in 2019 when output grew by more than half ahead of key model changes, and reflects the cyclical nature of this low volume sector.

Slower demand in key European markets saw production for export fall -26.2% in the month, with 1,670 fewer units shipped overseas. Meanwhile, following five months of decline, output for the domestic market returned to growth, up 14.6%, with 3,279 vans, trucks and buses built for UK operators.

The news comes amid widespread plant closures across the UK as manufacturers respond to the coronavirus pandemic. While CV production in the UK is largely expected to be on shutdown for the coming month, the sector is striving to ensure component production and the provision of maintenance services for essential transport, delivery and emergency service vehicles can continue.

Mike Hawes, SMMT Chief Executive, said, “The UK’s commercial vehicle sector is critical to the fight against coronavirus, working night and day to deliver food, medicine and other essential goods and services to support society’s most vulnerable and help prop up the economy. Government’s pledge of emergency finance and other measures to help protect these businesses and workers during the crisis has been widely welcomed but it is now about getting that relief to all companies in the fastest time possible. Meanwhile, additional provisions for official road-approval testing to get even more essential vehicles in service and supporting the national effort must also be implemented urgently.”

About the author

Richard Wilson is the deputy editor for Commercial Tyre Business. Since 2015, Richard has worked as a correspondent for all of the titles across the Valebridge Publications Ltd Group namely: Retreading Business, Tyre & Rubber Recycling, The Tyreman and Truck and Bus News. Richard has worked on/off from the age of 16 for the company and whilst gaining a Bachelor's Degree in Spanish and Business Studies at Coventry University, he developed his writing skills at the University paper and more recently writing his own independent blog.

Contact: richardjwilson@btconnect.com

Phone: (44) 1270 668 718

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