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UK commercial vehicle output records best May since 2008

03 July 2023

 

UK commercial vehicle (CV) manufacturing grew 36.9% in May as 10,813 new vans, buses, trucks, coaches and taxis left British factories, according to new figures published today by the Society of Motor Manufacturers and Traders (SMMT).

The sector’s performance was the strongest in May since 2008, surpassing its 10-year high for the month last year, and marking the second consecutive month of rising output.

Growth was driven by production for export last month, with a significant 48.1% rise...

+72% more

 

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