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Commercial Vehicle Production At Highest Levels Since 2011
Commercial Vehicle Production In The UK
The latest figures from the Society of Motor Manufacturers and Traders reveal UK CV production has risen 53.6% to 11,979 units – the best figures for September since 2011.
The data, which is also the ninth consecutive month of growth this year, shows the number of vans, buses, trucks, coaches and taxis rolling off British production lines.
Commercial Vehicle Production Overseas
The growth is mainly from strong overseas orders – up 70% – but the UK market has also grown by a third on last year.
Overall in 2022, production volumes are up by around 50% – which is the best first nine months performance since 2012 – and accounts for almost 77,000 units since January.
Additionally, this is 21.5% higher than the pre-pandemic five-year average and 44.6% above performance in 2019.
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