UK CV production down -45.4 per cent in February

UK commercial vehicle (CV) production declined -45.4 per cent in February, with 4,308 units built, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). CV manufacturing entered its fifth consecutive month of decline as supply chain shortages, new customs processes and prolonged lockdown measures across the globe affected output, resulting in the worst February on record.