News

UK CV production falls by 60.4% in June

27 July 2009

Commercial vehicle output has continued to decline sharply in June, with a massive 60.4% drop since June 2008, amounting to just 8,532 vehicles produced, according to the Society of Motor Manufacturers and Traders (SMMT).

In addition, the year-to-date figure for 2009 fell by 64.5%.

Simon Everitt, SMMT chief executive, says: "UK commercial vehicle production remains extremely low.

"This reflects the difficult economic conditions and fragile  business confidence in key markets, particularly the road haulage and construction sectors."


Julian Milnes
Email at julian.milnes@rbi.co.uk
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