{"id":6786,"date":"2014-10-23T15:39:44","date_gmt":"2014-10-23T15:39:44","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=6786"},"modified":"2014-10-23T15:39:44","modified_gmt":"2014-10-23T15:39:44","slug":"cv-manufacturing-down-31-1-in-september-smmt","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/6786","title":{"rendered":"CV manufacturing down 31.1% in September — SMMT"},"content":{"rendered":"

September’s\u00a0commercial vehicle manufacturing update from the\u00a0SMMT was short\u00a0but not sweet. Production fell by\u00a031.1% compared to\u00a0the same period last year, leaving CV manufacturing output down by 25.2% on the year to date:<\/p>\n\n\n\n\n\n\n\n
CV manufacturing<\/strong><\/td>\nSep-13<\/strong><\/td>\nSep-14<\/strong><\/td>\n% Change<\/strong><\/td>\nYTD-13<\/strong><\/td>\nYTD-14<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
Total<\/strong><\/td>\n6,997<\/strong><\/td>\n4,818<\/strong><\/td>\n-31.1%<\/strong><\/td>\n67,887<\/strong><\/td>\n50,746<\/strong><\/td>\n-25.2%<\/strong><\/td>\n<\/tr>\n
Home<\/td>\n3,817<\/td>\n2,522<\/td>\n-33.9%<\/td>\n31,600<\/td>\n24,474<\/td>\n-22.6%<\/td>\n<\/tr>\n
Export<\/td>\n3,180<\/td>\n2,296<\/td>\n-27.8%<\/td>\n36,287<\/td>\n26,272<\/td>\n-27.6%<\/td>\n<\/tr>\n
% export<\/td>\n45.4%<\/td>\n47.7%<\/td>\n<\/td>\n53.5%<\/td>\n51.8%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: Society of Motor Manufacturers and Traders (SMMT)<\/em><\/p>\n

Mike Hawes, SMMT chief executive, stuck to\u00a0well-worn script, blaming the impact of\u00a0plant restructuring over the last year and the introduction of new models:<\/p>\n

“UK commercial vehicle production remained negative in September, while key manufacturing facilities adjusted to new models,” said Mike Hawes, SMMT Chief Executive. “We expect monthly output to level off in the coming months, with the restructuring of operations last year now only affecting the year-to-date figures.”<\/p><\/blockquote>\n

If the last of last year’s restructuring has now fallen out of the figures, then that’s good news.\u00a0In theory, monthly production should now be broadly flat — it will be interesting to see whether this actually happens, and whether the remaining manufacturers manage to generate any growth.<\/p>\n

It is important to stress that the scale of the reduction in UK CV manufacturing over the last few years is huge, as these SMMT graphs show:<\/p>\n

\"CV

CV output rolling year & YTD totals (courtesy of SMMT)<\/p><\/div>\n

Not a pretty picture, I’m afraid.<\/p>\n","protected":false},"excerpt":{"rendered":"

UK commercial vehicle manufacturing fell by 31.1% in September 2014 compared to September 2013.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[310,1710],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6786"}],"collection":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/comments?post=6786"}],"version-history":[{"count":1,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6786\/revisions"}],"predecessor-version":[{"id":6788,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/6786\/revisions\/6788"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=6786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=6786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=6786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}