Commercial vehicle production records best January-October performance in 16 years

SMMT: Industry calls for urgent action on market regulation and business costs

UK commercial vehicle (CV) manufacturing fell by -3.9% in October following September’s return to growth, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).

The decline is set against a high performing October 2023 when production volumes jumped 47.5%, making it the month’s highest output since 2008. This October came a close second, however, with 12,387 vans, buses, trucks, coaches and taxis rolling out of factory gates, just 503...