Commercial vehicle manufacturing fell 15.5% in 2020, in what the SMMT said was “the worst year in a lifetime”. Just 66,116 vans, trucks, taxis and buses left production lines, the lowest output since 1933. Output in December was down 9.2%, rounding off a weak quarter and what the group added was “an awful year for the CV sector,” which churned out 12,154 fewer units than in 2019. The SMMT said the pandemic,vsocial distancing measures and multiple lockdowns conspired to practically […]
Pall-Ex (UK) has appointed Paul Pegg (pictured) as operations director at the company’s central hub in Ellistown, Leicestershire.
Heavy investment by R Swain & Sons led to a dip in profits last year, but it has stood the national distribution firm in a strong position for the future, according to its MD.
Operator EM Rogers saw its pre-tax profit soar last year in the wake of low fuel prices and a strong pound against the euro, but said the UK’s vote to leave the EU could now prove costly to its operation.