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EU Truck and Van registrations up 13.5% this year and +16.4% in MayBack

CVRegNew commercial vehicles in the EU continue to grow in May. Total commercial vehicle registrations increased by 16.4%, totalling 187,134 units according to the latest figures published by ACEA (European Automobile Manufacturers’ Association).

Looking at the largest markets, Italy recorded the strongest growth (+35.9%) followed by France (+27.2%) and Spain (+17.3%), the UK rose moderately (+2.2%). Impressive upturns were recorded also among smaller markets such as Hungary (+39.0%), Greece (+34.4%) and Estonia (+33.7%)

From January to May, the EU market expanded by 13.5%, totalling almost 1 million commercial vehicles (946,128). During that period, all major markets showed growth: Italy (+30.6%), Spain (+13.9%), France (+13.1%), Germany (+10.2%) and the UK (+3.8%).

New light commercial vehicles (LCV) up to 3.5 tonnes

New light commercial vehicles marked 33 consecutive months of growth, rising 17.7%, to 155,397 units. Italy (+35.0%), France (+27.8%), Spain (+19.3%) and Germany (+15.3%) recorded the highest upturn. From January to May 2016, 781,373 new vans were registered, 13.0% more than in the same period in 2015.

New heavy commercial vehicles (HCV) over 16 tonnes

Again a very positive double-digit increase (+11.7%) in the heavy truck segment, to 23,052 new registrations. Remarkable growth was recorded in Italy (+48.2%) and France (+21.6%), while in the UK the market rose 6.9%. The Spanish (+0.5%) and German (-0.1%) markets remained stable. In the first five months of 2016, this sector of the market grew by 18.4%.

New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes

In line with the heavy truck segment, trucks were up 11.2% in May with 28,662 new units. Strongest growth in Italy (+45.3%) and France (+20.7%), followed by the UK (+6.2%) and Spain (+2.8%), while Germany (-0.3%) saw a minor decline. From January to May, the growth was 17.6%.

Posted by Sue Robinson on 24/06/2016