Growth in CV assembly in 2004
Commercial vehicle output in the UK rose 10.8 per cent in 2004 according to provisional data released by the Office for National Statistics. However CVs produced for the home market fell 17.2 per cent for the three months to December because of a focus on meeting European demand.
“The 2004 figures show UK commercial production figures over 10 per cent up on the previous year,” said Christopher Macgowan, SMMT chief executive. “Last year was a record breaker for CV registrations in the UK and it is encouraging to see production climbing too. European demand has helped export figures increase by 25 per cent and new UK product developments will help keep those figures up. It’s great to have so much good news from the CV sector.”
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