{"id":9307,"date":"2016-09-22T16:30:46","date_gmt":"2016-09-22T16:30:46","guid":{"rendered":"http:\/\/www.vanrental.co.uk\/vanblog\/?p=9307"},"modified":"2016-09-22T16:31:11","modified_gmt":"2016-09-22T16:31:11","slug":"uk-cv-production-falls-as-exports-slump-in-august","status":"publish","type":"post","link":"https:\/\/www.vanrental.co.uk\/vanblog\/archives\/9307","title":{"rendered":"UK CV production falls as exports slump in August"},"content":{"rendered":"

UK commercial vehicle production fell by 12.2% to 3,185 units in August,\u00a0thanks to a 21.9% drop in the number of vehicles exported.<\/p>\n

The figures, compiled by the Society of Motor Manufacturers and Traders (SMMT), show\u00a0that\u00a0total UK CV production\u00a0has now fallen by 3.2% so far this year, compared to the same period last year.<\/p>\n

\"CV

UK CV output, August 2016 (source: SMMT)<\/p><\/div>\n

After the rapid recovery seen in 2014\/15,\u00a0a moderate slowdown in demand isn’t entirely surprising. It’s probably fair to assume that the backlog of renewals has now cleared and companies are moving back to a normal replacement cycle.<\/p>\n

Commenting on the figures, Mike Hawes, SMMT chief executive, said:<\/p>\n

\u201cUnderlying demand for UK CV production is broadly stable, despite the headline falls that are predominantly due to a strong performance in 2015 driven by regulatory changes that altered fleet renewal patterns. It\u2019s a trend we expect to continue throughout the year. For long term strength to be upheld, maintaining competitive trading conditions and global demand will be vital.\u201d<\/p><\/blockquote>\n

Here’s how CV output has changed since 2008. The ramp up in demand over the last couple of years is clear. In comparison, last month’s slowdown is quite modest. I don’t think it’s a cause for concern.<\/p>\n

\"CV

Source: SMMT (www.smmt.co.uk)<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

UK commercial vehicle manufacturing output fell by 12.2% in August, but this is probably just a return to normal after the exceptional levels of fleet renewals seen over the last year or two.<\/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\/9307"}],"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=9307"}],"version-history":[{"count":2,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9307\/revisions"}],"predecessor-version":[{"id":9311,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/posts\/9307\/revisions\/9311"}],"wp:attachment":[{"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/media?parent=9307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/categories?post=9307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vanrental.co.uk\/vanblog\/wp-json\/wp\/v2\/tags?post=9307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}