Manufacturing
CV manufacturing returns to growth in December
23 Jan 2015
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- UK commercial vehicle (CV) manufacturing output up 12.6% in December, the first month of growth since July 2013.
- Output fell 19.7% in 2014, but month of growth heralds bright future.
- Growing demand at home helped to drive December growth, despite deflated export markets.
“The growth of commercial vehicle manufacturing output in December represents a turning point in the sector鈥檚 fortunes,” said Mike Hawes, 91成人 Chief Executive. “A ramping up of new model production, as well as a thriving home market, is expected to yield a stronger 2015, while the effects of restructuring in 2013 will no longer be felt.鈥
CV output – rolling year total
CV output 鈥 % change per 2014 quarter
Click through to聽download the聽UK CV manufacturing news release for December聽2014.
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