EU commercial vehicle registrations up 13.7% in February
In total, 125,241 units were registered last month, with growth was sustained across all segments of commercial vehicles. Out of the most significant markets, Spain recorded the highest upturn (+49.2%). Germany (+19.6%), the UK (+16.3) and Italy (+13.3%) also posted double-digit growth, while demand in France (+2.9%) also increased.
In the first two months of the year, the EU market expanded by 8.7%, totalling 257,509 commercial vehicles. During the same period, Spain (+47.1%), Italy (+12.7%), Germany (+11.0%) and the UK (+9.4) all posted growth, while France was the only major market recording a decline (-1.1%).
For the segment of new light commercial vehicles up to 3.5t or “vans”, last month saw registrations rise 13.2% to 102,700 units. Growth was sustained in all major markets including Spain (+51.4%), the UK (+28.2%), Italy (+14.7%), Germany (+13.7%) and France (+1.7%).
From January to February, 211,707 new vans were registered in the EU, 8.9% more than in the same period last year. France (-3.0%) was the only major market to post a decline, while Spain (+50.3), the UK (+18.5%), Italy (+12.3%) and Germany (+9.1%) saw their demand for vans increase.
Looking at new heavy commercial vehicles over 16t (excluding buses and coaches) or “heavy trucks”, the February results showed a 19.7% increase in new heavy truck registrations, totalling 15,889 units. Germany (+44.7%), Spain (+31.2%), France (+18.9%) and Italy (+8.7%) saw their demand for heavy trucks increase, while the UK market declined by 40.4%.
Two months into the year, the EU market grew by 14.5%, reaching 33,006 units. Increase was sustained in Spain (+45.5%), Italy (+36.2%), Germany (+26.5%) and France (+18.1%), while heavy truck registrations dropped by 41.2% in the UK.
Finally, for new commercial vehicles over 3.5t (excluding buses and coaches) or “trucks”, the February results showed a 17.1% increase in new truck registrations, totalling 20,648 units. Germany (+33.2%), remained the largest market in the month of February in terms of volumes, registering 6,932 trucks. France, the second largest market in the same period (3,519 units), posted double-digit growth (+14.3%). Belgium (+42.3%), Spain (+35.8%), Poland (+28.2%) and Italy (+7.3%) also saw their demand increase. Truck registrations in the UK market fell by 31.0%.
From January to February, 41,476 new trucks were registered in the EU, 9.1% more than in the same period last year. Spain (+40.1%), Belgium (+32.4%), Poland (+25.0%), Italy (+18.4%), Germany (+16.0%) and France (+13.3%) all posted double-digit growth. Demand for new trucks in the UK declined by 35.2%.
Leave a comment