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Commercial vehicle manufacturing grew by 6% in June
Commercial vehicle manufacturing grew by 6% in June

Commercial vehicle manufacturing grew by 6% in June

Figures from the Society of Motor Manufacturers and Traders (SMMT) reveal a rise in the production of commercial vehicles in June.

According to the data, 7,769 of these vehicles left production lines for the month – which was more than 6% more than experienced in June 2017.

It signifies more than was recorded in the month of May (68,33), which itself was seen as a stable level.

Reflecting a wider pattern, the majority of commercial vehicles manufactured are for the export market; in June 2018, the number of the vehicles exported exceeded 4,700 – a rise of 8.1% from the figures recorded in the corresponding month last year.

In addition though, the home market also enjoyed an increase of 3.1%, producing 3,056 commercial vehicles in June 2018, compared to 2,965 in the previous June.

It highlights the importance of these type of vehicles; councils are just one client group that needs these, with the SMMT’s own research revealing the significance of waste collection vehicles to the wider public.

More and more of these vehicles will adhere to air strategies too, with zero emission becoming even more popular, especially in the export market.

The Chief Executive, Mike Hawes, believes the figures reveal how important the export market is and he highlights the growth of commercial vehicles that are environmentally friendly.

He said: “These latest results once again demonstrate the importance of exports to commercial vehicle manufacturing in the UK.

“Overseas demand for the high-tech, ultra low and, increasingly, zero emission vehicles we produce has been the major driver of production so far this year, and with the vast majority of exports destined for the EU, maintaining free and frictionless trade is vital for the continued success of the sector.”

Output of commercial vehicles in the year to date has decreased by 5.3% compared to the same time last year. This is due to a notable fall in manufacturing to the home market, while exports continue to thrive – outlining just how important frictionless trade is.

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