Production and Exports Drop •
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nURING July this year both produc
tion and exports of new comtnercial vehicles dropped considerably below the totals for the previous month. Production showed the most noticeable decline from 48,065 in June to 37,202 in July-a drop of 10,863 units and the lowest figure since October 1960. This was almost entirely due to a falling off in goods-vehicle production.
A total of 15,340 commercial vehicles was sent overseas during July, compared with 17,016 during the previous month. However, export figures have been fluctuating a great deal over the past few months and the July figure is about average when compared with the year's highest and lowest totals of 17,923 and 13,212, respectively.