{"id":7936,"date":"2015-10-22T16:15:17","date_gmt":"2015-10-22T16:15:17","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=7936"},"modified":"2015-10-22T16:49:25","modified_gmt":"2015-10-22T16:49:25","slug":"uk-cv-manufacturing-doubled-in-september","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/7936","title":{"rendered":"UK CV manufacturing doubled in September!"},"content":{"rendered":"<p>We&#8217;ve grown use to the UK&#8217;s commercial vehicle manufacturers putting in strong monthly performances <a href=\"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/7734\">over the last year<\/a>, but September was exceptional.<\/p>\n<p>Van and truck production rose by 103.6% in September, compared to September 2014, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT).<\/p>\n<p>The increase took production from 4,818 units to 9,811 vans and trucks. Demand was strong in both home and export markets, but the exports had the edge, rising by a whopping 113.9%:<\/p>\n<table border=\"0\" width=\"574\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"top\"><strong>CV manufacturing<\/strong><\/td>\n<td valign=\"bottom\"><strong>Sep-14<\/strong><\/td>\n<td valign=\"bottom\"><strong>Sep-15<\/strong><\/td>\n<td valign=\"bottom\"><strong>% Change<\/strong><\/td>\n<td valign=\"bottom\"><strong>YTD-14<\/strong><\/td>\n<td valign=\"bottom\"><strong>YTD-15<\/strong><\/td>\n<td valign=\"bottom\"><strong>% Change<\/strong><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\">Total<\/td>\n<td valign=\"bottom\">4,818<\/td>\n<td valign=\"bottom\">9,811<\/td>\n<td valign=\"bottom\">103.6%<\/td>\n<td valign=\"bottom\">50,746<\/td>\n<td valign=\"bottom\">71,406<\/td>\n<td valign=\"bottom\">40.7%<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\">Home<\/td>\n<td valign=\"bottom\">2,522<\/td>\n<td valign=\"bottom\">4,900<\/td>\n<td valign=\"bottom\">94.3%<\/td>\n<td valign=\"bottom\">24,474<\/td>\n<td valign=\"bottom\">36,396<\/td>\n<td valign=\"bottom\">48.7%<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\">Export<\/td>\n<td valign=\"bottom\">2,296<\/td>\n<td valign=\"bottom\">4,911<\/td>\n<td valign=\"bottom\">113.9%<\/td>\n<td valign=\"bottom\">26,272<\/td>\n<td valign=\"bottom\">35,010<\/td>\n<td valign=\"bottom\">33.3%<\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\">% export<\/td>\n<td valign=\"bottom\">47.7%<\/td>\n<td valign=\"bottom\">50.1%<\/td>\n<td valign=\"bottom\"><\/td>\n<td valign=\"bottom\">51.8%<\/td>\n<td valign=\"bottom\">49.0%<\/td>\n<td valign=\"bottom\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Data courtesy of SMMT (www.smmt.co.uk)<br \/>\n<\/em><\/p>\n<p>Commenting, Mike Hawes, SMMT Chief Executive said that a mix of new models and resurgent EU demand was responsible for the gains:<\/p>\n<blockquote><p>\u201cThe British commercial vehicle industry\u2019s continued recovery is great to see, with significant investments into new models reaping benefits and helping overcome structural changes.<\/p>\n<p>Manufacturers are capitalising on increasing demand for CVs across the rest of the EU \u2013 the sector\u2019s principal export market \u2013 as well as in the UK, where registrations have grown consistently throughout this year.\u201d<\/p><\/blockquote>\n<p>As the graph below shows, the UK CV manufacturing sector is now starting to reverse some of the losses seen since 2008 &#8212; albeit only modestly:<\/p>\n<div id=\"attachment_7937\" style=\"width: 655px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-7937\" loading=\"lazy\" class=\"size-full wp-image-7937\" src=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2015\/10\/smmt-cv-manu-sept15.png\" alt=\"UK CV output 2008-2015\" width=\"645\" height=\"331\" srcset=\"https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2015\/10\/smmt-cv-manu-sept15.png 645w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2015\/10\/smmt-cv-manu-sept15-300x154.png 300w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2015\/10\/smmt-cv-manu-sept15-624x320.png 624w, https:\/\/www.vanrental.co.uk\/vanblog\/wp-content\/uploads\/2015\/10\/smmt-cv-manu-sept15-50x26.png 50w\" sizes=\"(max-width: 645px) 100vw, 645px\" \/><p id=\"caption-attachment-7937\" class=\"wp-caption-text\">UK CV output 2008- September 2015 (courtesy of SMMT)<\/p><\/div>\n<p>No doubt some of these new vans are going to replenish and extend van rental fleets in the UK and EU markets; the van hire sector did well during the recession in the UK, so a similar story might be playing out in some european markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UK commercial vehicle manufacturing output doubled in September compared to the same period last year.<\/p>\n","protected":false},"author":2,"featured_media":7937,"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\/7936"}],"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=7936"}],"version-history":[{"count":2,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7936\/revisions"}],"predecessor-version":[{"id":7939,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/7936\/revisions\/7939"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media\/7937"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=7936"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=7936"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=7936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}