article thumbnail

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 first three months, while manufacturing for the UK declines -13.1%. 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.

article thumbnail

Need to improve Cdn. business productivity rises: BoC official

Canadian Manufacturing

But, she says, an economy with strong productivity can have faster growth, more jobs and higher wages with less risk of inflation. Rogers says when you compare Canada’s recent productivity record with that of other countries, what sticks out is how much the country lags on investment in machinery, equipment and intellectual property.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

High Liner Foods invest $5M in Norcord AS

Canadian Manufacturing

Mr. Jewer continued, “We are impressed by Norcod’s leadership team and their proven production record and expertise.

article thumbnail

Competitive conditions needed to sustain record EV exports

SMMT

To maintain this growth, we need action to drive investment into electrified vehicle production and, critically, the supply chain. In further good news this week, UK commercial vehicle production recorded its ninth consecutive month of growth this year, with the best September in more than a decade as output rose by more than half.