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Demand for new commercial vehicles in the EU increased substantially (+31.8%) in August thanks to a strong uplift in the van segment, marking the 20th consecutive month of growth. Growth was sustained across all major markets, in particular in Italy (+105.9%) and Germany (+42.6%); Spain (+19.5%) and France (+16.8%) also saw a double digit growth. Overall, 150,425 new commercial vehicles were registered in the EU. Over the first eight months of 2016, the EU market grew by 14.3%, totalling about 1.5 million commercial vehicles. During that period all major markets posted growth: Italy (+39.4%), Spain (+12.9%), Germany (+12.1%), France (+11.8%) and the UK (+2.7%).
New light commercial vehicles (LCV) up to 3.5 tonnes
In August 2016, registrations of new vans up to 3.5 tonnes rose +35.8% to 123,594 units, marking 36 consecutive months of growth in the segment. Demand was mainly driven by the Italian (+117.8%) and German markets (+53.8%). The UK market also grew (+6.3%) last month, after seeing a stabilisation in July. From January to August 2016, 1,237,236 new light commercial vehicles were registered in the EU (+14.5%).
New heavy commercial vehicles (HCV) over 16 tonnes
August 2016 results show a double-digit increase in registrations of new heavy trucks (+18.0%), which totalled 18,307 units. Italy (+58.1%) and Spain (+25.3%) largely contributed to this growth, followed by France (+17.4%), Germany (+13.7%) and the UK (+2.4%).
Eight months into the year, the EU market continued to grow (+15.7%), reaching a total of 189,462 heavy trucks registered. Italy (+37.8%), France (+17.0%), Spain (+8.7%), Germany (+8.3%) and the UK (+4.2%) all saw demand increase.
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
In August 2016, new trucks registered in the European Union were up again after the decline observed in July. Overall, 23,529 new trucks were registered, 18.5% more compared to August last year. From January to August 2016, all major markets showed strong growth. In total, 234,070 new trucks (+14.3%) were registered in the EU.