Chips are down for CV production
UK commercial vehicle (CV) production dropped to 3,179 units in August.
The Society of Motor Manufacturers and Traders (SMMT) reported that production decreased by 35.1% compared to the same month in 2020, ending five months of consecutive growth.
Despite the year-to-date production of CVs in 2021 increasing by 18.2% on a weak 2020, output remains 21.2% below the pre-Covid five-year average.
Mike Hawes, SMMT chief executive, said: “After five months of consecutive growth it is disappointing to see the steady recovery of the commercial vehicle sector stall in August. This is primarily due to the global shortage of semiconductors, which continues to challenge the industry.
“With the lack of available chips expected to continue beyond next year, manufacturers will need to fight to keep production lines operational as they look to ensure that the newest and greenest zero emission capable commercial vehicles, that suit the needs of both operators and drivers, are made in the UK.”
