February: YoY CV production markedly higher but still below 2019
UK commercial vehicle production grew 92.2 per cent in the second month of 2022, with 8,278 vans, trucks, taxis, buses and coaches rolling out of British factories. However, the Society of Motor Manufacturers and Traders (SMMT) notes that this result compares with the worst February on record last year, when supply chain shortages, new customs processes and prolonged lockdown measures posed significant challenges to production. Production in February 2022 was still 10.3 per cent lower than the 9,233 units built in pre-pandemic 2019.