- Commercial vehicle (CV) output rose 1.4% to 8,480 units in June, off the back of increased volumes for the home market.
- CV manufacturing fell 13.5% during the first half of 2013 to 48,517 units.
- A fall in export volumes has impacted growth with just 51% of volumes going overseas for the year-to-date versus 61% a year ago.
“June’s CV output provides a welcome boost to our commercial vehicle industry, with volumes increasing 1.4% in the month, following a 17% surge in home market demand,” said Nigel Base, SMMT Commercial Vehicle Manager. “Year-to-date volumes offer a slightly gloomier picture, falling 13.5% in the first half of 2013 as CV manufacturers continue to feel the effects of weak demand abroad. The remainder of the year will be challenging, but strengthening UK demand is expected to support domestic manufacturers of vans, trucks buses and coaches.”
| CV manufacturing |
Jun-12 |
Jun-13 |
% Change |
YTD-12 |
YTD-13 |
% Change |
|
Total |
8,367 |
8,480 |
1.4% |
56,096 |
48,517 |
-13.5% |
|
Home |
3,116 |
3,647 |
17.0% |
21,908 |
23,874 |
9.0% |
|
Export |
5,251 |
4,833 |
-8.0% |
34,188 |
24,643 |
-27.9% |
|
% export |
62.8% |
57.0% |
|
60.9% |
50.8% |
|
