Wednesday 27 May 2015

European Commercial Vehicle Market is showing continues growth

Demand for new commercial vehicles in the EU continued to expand (+12.2%), totalling 169,746 units. Growth was sustained across all commercial vehicle segments. The UK (+22.8%) and Spain (+18.5%) posted double‐digit growth, followed by Italy (+9.0%), Germany (+7.0%) and France (+1.4%), which also saw their demand increase, contributing to the overall expansion.

Four months into the year, the EU market expanded by 13.0%, totalling 671,701 commercial vehicles. Over the period, Spain (+35.2%), the UK (+23.9%) Italy (+7.6%) and Germany (+7.1%) all posted growth, while France remained stable (+0.01%).
Light Commercial Vehicle:ew registrations of light commercial vehicles totalled 139,598 units, up 11.8% compared to April 2014. This marked the twentieth consecutive month of growth in this segment. rom January to April 2015, 558,419 new vans were registered in the EU, or 13.1% more than in the same period last year.
New Heavy Commercial Vehicles over 16t (excluding Heavy Buses & Coaches) – heavy trucks
results showed a 20.8% increase in new heavy truck registrations, totalling 21,543 units. This positive outcome was mainly sustained by the significant growth recorded in the UK (+79.2%), Spain (+38.6%) and France (+24.1%). Noteworthy was the contribution of the new EU member states (+32.2%) to last month’s positive outcome. Four months into the year, the EU market grew by 17.0%, reaching 82,039 units.
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Source: Autobei

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