New year sees commercial vehicle manufacturing continue to slide


 

The ongoing impact of the coronavirus pandemic, Brexit fallout and weak demand all conspired to result in the fourth consecutive month of decline in UK commercial vehicle production, according to the SMMT. UK CV manufacturing fell 31.5% in January, with 5,616 units rolling off the production lines, marking the worst start to the year since 2015. The SMMT said manufacturing was subdued both for domestic and international markets, down 28.8% and 33.6% respectively. More than half (53.2%) of all CVs […]