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September’s Figures Show Only a Modest Output for UK Commercial Vehicle Market

Figures Show
With 7,799 commercial vehicles produced during September, the increase was a modest 1.8% rise on 2020’s September. Exports on the other hand saw a 12.4% dip but a healthy 27.3% increase for the domestic market. This amounts to a 15.4% year-on-year rise against 2020, but, overall the market is decidedly weaker compared to the five-year average, in results released by the Society of Motor Manufacturers and Traders (SMMT).

Market Improving but Still Below Pre-Pandemic Levels

With UK commercial vehicle (CV) production increasing to 7,799 units in September, this is a modest increase but a far...

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