In unambiguous figures laid out by the SMMT, production dropped heavily in August to 3,179 commercial vehicles, which is a 20% drop when compared to the five-year average. In context, while year-to-date production is up 18.2% on 2020’s total, it’s 21.2% down on the pre-pandemic average, showing a market still suffering from industry setbacks.
Market Suffers Industry Issues and Summer Shutdowns to See First Monthly Drop in Five Years
Commercial vehicle production has taken a tumble amidst semi-conductor shortages as well as some summer shutdowns, proving that Covid-19 is still affec...
Market Suffers Industry Issues and Summer Shutdowns to See First Monthly Drop in Five Years
Commercial vehicle production has taken a tumble amidst semi-conductor shortages as well as some summer shutdowns, proving that Covid-19 is still affec...
