UK commercial vehicle production hits “grim” record low in February, SMMT reveals


 

UK commercial vehicle manufacturing output fell for the fifth month in a row, down by 45.4% in February, as supply chain shortages, new customs processes and prolonged global lockdown measures hit output – resulting in the worst February on record. The decline saw 4,308 units built, according to the latest figures released today by the Society of Motor Manufacturers and Traders (SMMT). Vehicles built for domestic output fell 36.8% in the month whilst vehicles built for export saw a much […]