UK industrial car (CV) manufacturing grew by 53.6% in September, with 11,979 vans, buses, vans, coaches and taxis rolling off British manufacturing facility traces, in accordance with the most recent figures launched at this time by the Society of Motor Producers and Merchants (SMMT)
UK industrial car (CV) manufacturing grew by 53.6% in September, with 11,979 vans, buses, vans, coaches and taxis rolling off British manufacturing facility traces, in accordance with the most recent figures launched at this time by the Society of Motor Producers and Merchants (SMMT). September output ranges reached their highest since 2011, marking 9 months of consecutive progress in response to sturdy demand for UK-made vans at residence and in key export markets.1
September’s output is the very best of any month up to now this yr, pushed by sturdy orders from abroad markets, rising considerably by 70.4% to 7,333 models, with 95% of those destined for the EU. Manufacturing for the UK additionally grew, up 32.9% on the identical month final yr, to 4,646 models.
12 months-to-date, total manufacturing volumes are up 50.8% establishing the perfect first 9 months efficiency since 2012, with 76,807 models manufactured in Britain since January. That is 21.5% increased than the pre-pandemic five-year common and 44.6% above efficiency in 2019,2 testomony to British CV producers who’ve labored onerous within the face of a number of challenges, together with semiconductor provide shortages and financial headwinds, to ship throughout markets.
Mike Hawes, SMMT Chief Govt, mentioned,
In a sector that continues to face important challenges, Britain’s industrial car producers have reacted with willpower to ship the perfect September in additional than a decade. Vital demand from abroad markets not solely demonstrates the attraction of UK-built CVs, however exhibits the vital function this sector performs in powering the UK financial system. Lengthy-term progress, nonetheless, will rely upon operator confidence and a aggressive enterprise framework for producers, so the brand new authorities should take a long-term strategy, addressing excessive vitality costs and different price impacts that maintain again funding.
1 September 2011: 12,046
2 Pre-pandemic five-year common CV manufacturing (2015-19): 63,237 models; 2019: 53,103.