UK vehicle output down 14.3% in November

UK vehicle production fell by 14.3% in November with 65,932 units leaving factory lines, according to figures published by the Society of Motor Manufacturers and Traders (SMMT). The decline was driven by a slight reduction in car output, down 1.7% to 63,126 units, and a much steeper 78.0% drop in commercial vehicle (CV) output, with just 2,806 units produced, some 9,943 fewer than in the same month last year. While it was the fourth successive monthly decline in car production, just 1,090 fewer cars wer ...