Manufacturing
CV manufacturing level in November after months of decline
18 Dec 2014
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- UK commercial vehicle (CV) manufacturing fell just 0.7% in November.
- Resurgent home market demand grew for second month, but exports remained subdued.
- Year-to-date fall of 21.6% affected by 2013 restructuring; more positive 2015 expected.
“The signs remain positive for UK commercial vehicle production after many months of decline, with output in November almost level,” said Mike Hawes, 91³ÉÈË Chief Executive. “The strong UK market is driving the turnaround, while export markets continue to struggle. We anticipate 2015 to be a better year as new models ramp up and the effects of last year’s restructuring no longer apply.”
CV manufacturing output – rolling year total
CV manufacturing output – January-November, 2012-2014
Click through toÌýdownload theÌýUK CV manufacturing news release for NovemberÌý2014.
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