Strongest May performance since 2008 for UK CV production

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UK industrial automobile manufacturing grew 36.9% in Could.

Based on the SMMT, 10,813 new vans, buses, vans, coaches and taxis left British factories over the month.

The sector’s efficiency was the strongest in Could since 2008, surpassing its 10-year excessive for the month final 12 months, and marking the second consecutive month of rising output.

Progress was pushed by manufacturing for export final month, with a 48.1% rise within the variety of CVs shipped abroad, at 7,943 models.

Greater than seven in 10 (73.5%) British-built CVs had been exported – 93.6% of which had been exported to markets within the EU.

Extra automobiles had been additionally constructed for UK operators, in the meantime, with volumes up 13.1% to 2,870 models.

Producers have made 46,927 models to date in 2023, up 14.3% on the identical interval final 12 months, and a big 47.6% above that in 2019.

The SMMT mentioned that UK CV manufacturing volumes are as a consequence of improve additional this 12 months, reflecting much less turbulent international provide chains and the launch of a brand new electrical van manufacturing plant.

Mike Hawes, SMMT chief government, mentioned, “With ongoing progress in demand for British industrial automobiles, notably from abroad markets, the sector is bucking difficult financial tendencies. That is excellent news and places the UK’s CV producers in a powerful place to ship inexperienced progress for the economic system and society. We will’t be complacent, nevertheless, and should make sure the UK stays a globally aggressive location for superior manufacturing – with measures nonetheless wanted to sort out our excessive value of power and to ensure that the UK has easy and sustainable buying and selling relationships all over the world, particularly with the EU.”

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