Covid costs UK commercial vehicle manufacturing sector £825m


 

UK commercial vehicle (CV) manufacturing decreased by 1.9% in November, with 8,605 units rolling off production lines, according to figures published this week by the Society of Motor Manufacturers and Traders (SMMT). While output for the domestic market rose 10.1%, with logistics and CV operators working flat out to meet growing demand for online deliveries, it failed to offset an 8.8% decline in exports, equivalent to a loss of 490 units, as stricter coronavirus restrictions closed off entire parts of […]