{"id":7483,"date":"2015-05-28T16:20:26","date_gmt":"2015-05-28T16:20:26","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=7483"},"modified":"2015-05-28T16:23:10","modified_gmt":"2015-05-28T16:23:10","slug":"uk-cv-exports-rise-50-in-april-as-eu-demand-starts-to-recover","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/7483","title":{"rendered":"UK CV exports rise 50% in April as EU demand starts to recover"},"content":{"rendered":"

The UK’s commercial vehicle manufacturers are continuing to bounce back and reported a 36.8% increase in output in April,\u00a0according to the latest figures from the SMMT. This was was another strong performance, although less than the 43.3% gain seen in March<\/a>.<\/p>\n

CV\u00a0manufacturing output rose to 8,629\u00a0units last month, up from 6,307 in April 2014. The gains mean that CV output has risen by 23.6% so far this year. This increase has been powered\u00a0by a combination of\u00a0strong home demand and a long-awaited recovery in\u00a0export demand from other European countries:<\/p>\n\n\n\n\n\n\n\n
CV manufacturing<\/strong><\/td>\nApr-14<\/strong><\/td>\nApr-15<\/strong><\/td>\n% Change<\/strong><\/td>\nYTD-14<\/strong><\/td>\nYTD-15<\/strong><\/td>\n% Change<\/strong><\/td>\n<\/tr>\n
Total<\/td>\n6,307<\/td>\n8,629<\/td>\n36.8%<\/td>\n25,948<\/td>\n32,064<\/td>\n23.6%<\/td>\n<\/tr>\n
Home<\/td>\n2,932<\/td>\n3,563<\/td>\n21.5%<\/td>\n12,570<\/td>\n16,604<\/td>\n32.1%<\/td>\n<\/tr>\n
Export<\/td>\n3,375<\/td>\n5,066<\/td>\n50.1%<\/td>\n13,378<\/td>\n15,460<\/td>\n15.6%<\/td>\n<\/tr>\n
% export<\/td>\n53.5%<\/td>\n58.7%<\/td>\n<\/td>\n51.2%<\/td>\n48.2%<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Data courtesy of SMMT (www.smmt.co.uk<\/a>)<\/em><\/p>\n

The 50% increase in export demand in April is particularly significant,\u00a0as CV registrations have only risen by 13% in the EU so far this year. Given that most UK vehicle exports go to Europe, this suggests that UK\u00a0van and truck manufacturers are\u00a0gaining market share in the competitive EU market.<\/p>\n

However, before you get too excited about this remarkable recovery, consider this graph. UK CV output has not even recovered to 2013 levels yet, let alone those seen in 2011:<\/p>\n

\"UK

UK CV output 2009-2015 year-to-date (courtesy of SMMT)<\/p><\/div>\n

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Still, this year’s gains are really good news for the UK automotive industry and the wider economy. \u00a0Let’s hope they continue.<\/p>\n","protected":false},"excerpt":{"rendered":"

UK commercial vehicle manufacturing output rose by 36.8% in April, with exports rising by a 50.1%. It’s obviously good news, but what does it all mean?<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[8],"tags":[310,1885],"_links":{"self":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7483"}],"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=7483"}],"version-history":[{"count":3,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7483\/revisions"}],"predecessor-version":[{"id":7487,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7483\/revisions\/7487"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=7483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=7483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=7483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}