Commercial vehicle output records best start to year since 2008

SMMT: UK CV production rises 26.9% in January in best start to a year since 2008.

29 February 2024

 

UK commercial vehicle (CV) production grew by 26.9% in the first month of 2024, with 11,756 vans, trucks, taxis, buses and coaches leaving factory lines, according to figures published by the Society of Motor Manufacturers and Traders (SMMT).

A strong performance saw January output reach its highest level in 16 years, some 28.0% above pre-pandemic 2019 levels, reflecting the sector’s health as it builds on 2023’s positive performance.

Output was driven by exports, with global demand...

+71% more

 

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