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Best first quarter for CV production since 2008 despite March drop

SMMT

British CV production records best Q1 since 2008, rising by 27.4% in the first quarter of 2024, the best Q1 performance since 2008, according to figures published today by the Society of Motor Manufacturers and Traders (SMMT). to 32,626 units. Export volumes grow 57.9% Growth in January and February followed by -19.2% to 2,859 units.

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UK commercial vehicle production boasts best February since 2008

SMMT

uplift in volume was the best February performance since 2008 1 and follows a particularly weak February last year as supply chain issues, notably semiconductor shortages, impacted manufacturing output. The post UK commercial vehicle production boasts best February since 2008 appeared first on SMMT.

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Commercial vehicle output records best May since 2008

SMMT

in best May performance since 2008. The sector’s performance was the strongest in May since 2008, surpassing its 10-year high for the month last year, and marking the second consecutive month of rising output. UK commercial vehicle (CV) production grows 36.9% Year-to-date output is some 47.6% above that in 2019.2

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A better normal, from diversity to decarbonisation

SMMT

That continued in first three months of the year with the best quarter one performance since 2008, and a fifth above pre-pandemic levels.

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Flying the flag for UK-made products

SMMT

to be exact which, while in comparison with a particularly weak February last year due to supply chain problems, it represents the best February performance since 2008. The uplift was 98.4%

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UK CV production grows 16.0% in best first half since 2011

SMMT

Best June since 2008 up, 23.0%, and rounds off third consecutive month of growth. 11,748 units were produced in June, up 23.0%, and it also marks the best first half year for UK van production since 2011, as supply chain constraints continue to ease. Best first half to a year since 2011 as CV output increases 16.0%

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All State Fastener Appoints, Darryl Dvorak, CEO

Fastener News Desk

We support both production and MRO fastener requirements and hold ISO 9001:2008, Ford Q1 and C-TPAT certifications. Over the last five decades we have developed and fine-tuned a world class supply chain, expert technical staff, proven quality systems, and streamlined the art of automated delivery programs.