UK light-vehicle production output continues to grow in August despite LCV slump
Passenger car demand has offset the declines in commercial vehicle output caused by the closure of Ford's Southampton light commercial vehicle (LCV) site at the end of July.
Vehicle manufacturing in the UK improved again in August. According to the latest data published by the Society of Motor Manufacturers and Traders (SMMT), passenger car output increased by 16.2% year-on-year (y/y) to 91,282 units. This has helped return the year-to-date (YTD) figures for this category further into positive territory, with an increase of 3.1% y/y to 984,545 units. However, the trade association also reported that commercial vehicle output tumbled by 51.4% y/y to 3,694 units as output in the YTD has now fallen by 16.6% y/y to 60,646 units.
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