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You are here: Home1 / News2 / UK News3 / CV output figures up 92.9 per cent, but industry worried about rising ...

CV output figures up 92.9 per cent, but industry worried about rising costs

Date: 30th September 2022 Author: Peter Gardner Comments: 0
UK vehicle production figures for August, released by the Society of Motor Manufacturers and Traders (SMMT), were generally extremely positive, although concerns were voiced about forthcoming economic developments (Photo: SMMT)

In the commercial vehicle (CV) sector, production rose 92.9 per cent to 6,132 units, according to the latest SMMT figures, marking the best August since 2012 and the eighth consecutive month of growth. Overseas demand was up 78.4 per cent, while production for UK operators more than doubled year-on-year, rising 119.3 per cent. Year-to-date CV output is up 50.3 per cent at 64,828 units in the best year-to-date since 2012.

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