UK commercial vehicle output rose 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).
Some 32,626 vans, trucks, taxis, buses and coaches left factory lines, up 18.6% on pre-pandemic 2019 volumes, with demand driven by overseas orders.Exports rose 57.9% to 23,060 units in the first quarter – an increase of 8,452 vehicles to account for 70.7% of year to date output, up from...
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