Another lackluster month for UK Commercial Vehicle output
The SMMT have released new UK Commercial Vehicle (CV) Manufacturing data for May 2013 this week. The news is yet again a bit flat this time around; as the SMMT report shows that a continued downward drift could cause misery to UK built CV manufacturing which includes light commercial vans, trucks, buses and coaches. The full automotive manufacturing data which is presented from a regular survey of selected UK manufacturers: 14 car manufacturers, nine CV and six engine manufacturers, shows that commercial vehicle output fell 20% in May to 7,560 units. The blame is being placed on weak European demand, as export volumes were down almost a third in the month and 31.5% for the first five months of 2013.
"Commercial vehicle manufacturers continue to battle against weak demand, particularly abroad, with output sliding 20% in May. Demand for UK-built CVs in the home market grew moderately, but this was not enough to lessen the significant drop in export volumes," said Nigel Base, SMMT Commercial Vehicle Manager. "2013 is going to be a hard year for the UK's CV manufacturers but there are pockets of positivity with some areas of the industry experiencing growth as operators take advantage of the wide range of CVs built in the UK."
As for the car market, the recent SMMT report shows UK car manufacturing fell 8.4% in May to 129,355, but is still outperforming pre-recession levels. There is some good news for the car industry with the silver lining coming from Independent analysts, which suggest that UK car output will rise over the full year.
To view the full UK Commercial Vehicle (CV) Manufacturing data facts/figures May 2013, please visit the SMMT website here.
"Commercial vehicle manufacturers continue to battle against weak demand, particularly abroad, with output sliding 20% in May. Demand for UK-built CVs in the home market grew moderately, but this was not enough to lessen the significant drop in export volumes," said Nigel Base, SMMT Commercial Vehicle Manager. "2013 is going to be a hard year for the UK's CV manufacturers but there are pockets of positivity with some areas of the industry experiencing growth as operators take advantage of the wide range of CVs built in the UK."
| CV manufacturing | May-12 | May-13 | % Change | YTD-12 | YTD-13 | % Change |
| Total | 9,445 | 7,560 | -20.0% | 47,729 | 40,037 | -16.1% |
| Home | 3,615 | 3,664 | 1.4% | 18,792 | 20,227 | 7.6% |
| Export | 5,830 | 3,896 | -33.2% | 28,937 | 19,810 | -31.5% |
| % export | 61.7% | 51.5% | 60.6% | 49.5% |
As for the car market, the recent SMMT report shows UK car manufacturing fell 8.4% in May to 129,355, but is still outperforming pre-recession levels. There is some good news for the car industry with the silver lining coming from Independent analysts, which suggest that UK car output will rise over the full year.
| Car manufacturing | May-12 | May-13 | % Change | YTD-12 | YTD-13 | % Change |
| Total | 141,146 | 129,355 | -8.4% | 636,923 | 632,804 | -0.6% |
| Home | 21,026 | 24,011 | 14.2% | 108,719 | 136,542 | 25.6% |
| Export | 120,120 | 105,344 | -12.3% | 528,204 | 496,262 | -6.0% |
| % export | 85.1% | 81.4% | 82.9% | 78.4% |
To view the full UK Commercial Vehicle (CV) Manufacturing data facts/figures May 2013, please visit the SMMT website here.
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