UK commercial vehicle output falls in November
UK commercial vehicle output fell by 4.1% in November to 12,749 units, according to figures released by Society of Motor Manufacturers and Traders (SMMT).
However, this compares to a bumper November 2023, which produced the highest volumes for the month in 17 years.
Exports were down 4.4% to 9,034 units, while domestic production fell by 3.2% to 3,715 units.
However, despite the dip, year-to-date volumes are up 5.6% to 118,583 units, the largest total for this period since 2008.
Meanwhile, the UK manufactured more zero emission commercial vehicles than ever before, underlining its potential to be a global leader in this sector. But to make the most of this opportunity, the SMMT has called for an ambitious Industrial Strategy delivering clean and affordable energy, a highly skilled workforce, strong free trade agreements and a vibrant domestic vehicle market. It says the right strategy could help deliver £50bn of green growth by 2035.
Mike Hawes, SMMT chief executive, said: “With more British-built commercial vehicles keeping businesses here and abroad on the move, that supports UK jobs, trade and economic growth.
“It’s essential this sector continues to thrive but long-term growth requires an ambitious Industrial Strategy to make Britain a globally attractive location for new investment. Having strong markets close to where products are made is a major advantage, so government’s review of the EV mandate must come quickly and ensure market support is as ambitious as regulation.”
