UK commercial vehicle manufacturing picked up in June, but the growth failed to offset the impact of Covid-19 as overall half-year output plummeted by almost a quarter, new figures show. UK CV production increased by 23.9% last month, with 4,144 trucks, vans and buses leaving production lines, according to the SMMT. It said this increase followed a particularly weak June 2019, when output fell by more than a half due to key model changeovers. However, even though production ramped up, […]
The UK’s market for new HGVs plummeted by more than a fifth in the first quarter of 2020 with 9,193 units registered, according to figures released today by the Society of Motor Manufacturers and Traders (SMMT).
Almost a third of fleet operators’ trucks are parked up as a result of the Covid-19 lockdown, according to a survey carried out for MT by market researchers Fusion. Three quarters of operators have at least one vehicle laid up while 9% reported their entire fleet was off the road.
Air freight haulier Saints Transport more than tripled its losses in the 18 months to 30 June last year.