Commercial vehicle manufacturers hopeful for the future despite “worst year in a lifetime”


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 […]