British CV production almost a third lower in July
Figures released by the Society of Motor Manufacturers and Traders (SMMT) show a fourth successive month of negative growth in Britain’s commercial vehicle (CV) industry, with British CV production declining 31.2 per cent in July. Production for both home and overseas markets fell, by 16.8 per cent and 39.8 per cent respectively, as model changeovers continued to affect factory output.