Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
Hurco MPU Ceratizit MPU XYZ Machine Tools MPU Mills CNC MPU 2021 Bodor MPU

Machinery-Locator
The online search from the pages of Machinery Market.

TOS WHN 13
Make: tos
Type: cnc
Model: WHN 13
Control: Siemens
Spindle diameter (mm): 130
Longitudinal Trav
Make: tos Type: cnc Model: WHN 13 Control: Siemens Spindle diameter (mm): 130 Longitudinal Trav...
Harry Vraets Machinery

Be seen in all the right places!

Metal Show & TIB 2024 Plastics & Rubber Thailand Intermach 2024 Metaltech 2024 Subcon 2024 Advanced Engineering 2024

UK commercial vehicle production at highest level since 2015

Posted on 02 Aug 2022 and read 1247 times
UK commercial vehicle production at highest level since 2015UK commercial vehicle (CV) production grew 64.4% in June with 9,549 units leaving British factory lines, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT). June production volumes were the highest since 2015 and 32.7% above the pre-pandemic five-year average, resulting in the sector’s sixth consecutive month of increased output.

Growth has largely been driven by overseas demand, with exports of British-built CVs jumping 133% year-on-year in June – now representing nearly six in 10 (58.1%) units — with some 92.5% of exports destined for the European Union (EU). Domestic demand, which remained more robust during the pandemic last year, increased by 16.7%, with year-on-year growth in four out of six months in 2022.

The strong performance means total output in the year to date reached 50,596 units, up 47.4% on 2021 and 16.6% above the pre-pandemic five-year average. As a result, output from January to June was the highest since 2012, as CV manufacturers ensure there is capacity to build these critical vehicles amid a boom in demand from businesses and operators renewing their fleets.

The UK’s commercial vehicle sector has been a consistent bright spot amid the gloom experienced by the automotive industry. Its global competitiveness is, however, not guaranteed. It is crucial that inflation and energy costs are tackled with urgency, particularly as manufacturers continue to invest in production of the latest zero emission vehicles.

Mike Hawes, SMMT chief executive, said: “The CV sector’s best first half performance in a decade is evidence of its resilience, as manufacturers strive to ensure orders for these vehicles, which are critical to the UK economy, are delivered in a highly challenging economic environment.

“At the same time, manufacturers are committed to building a growing range of more fuel-efficient and zero-emission vans, trucks, buses, coaches and taxis, an essential step towards achieving ‘net zero’, while ensuring society can continue to move.

“We must protect the global competitiveness of the sector amid these challenges, however, starting with measures to tackle energy costs, so that the UK continues to be among the world’s leading manufacturers for these vital vehicles.”