EU commercial vehicle registrations up 31.8% in August
Making the 20th consecutive month of growth, CV registrations rose to 150,245 units in August, with growth seen across all major markets, especially in Italy (+105.9%), Germany (+42.6%), Spain (+19.5%), and France (+16.8%).
The year-to-date market is also up by 14.3%, totalling about 1.5 million commercial vehicles. During that period, Italy (+39.4%), Spain (+12.9%), Germany (+12.1%), France (+11.8%) and the UK (+2.7%) all posted growth.
For the LCV segment up to 3.5 tonnes, August registrations totalled 123,594 units, up (+35.8%) compared to August 2015. This marked the 36th consecutive month of growth in the segment. Demand was mainly driven by the Italian (+117.8%) and German markets (+53.8%), followed by Spain (+18.5%) and France (+17.4%). The UK market also grew (+6.3%) last month, after seeing a slight decline in July.
From January to August 2016, 1,237,236 new light commercial vehicles were registered in the EU (+14.5%). Italy (+40.8%), Germany (+13.8%), Spain (+13.1%), France (+11.6%) and the UK (+2.9%) all contributed to the positive upturn over the first eight months of this year.
For new medium and heavy commercial vehicles over 3.5 tonnes, August brought a return to growth after the decline observed in July. Overall, 23,529 new trucks were registered, 18.5% more compared to August last year. Italy (+62.2%), Spain (+21.5%), France (+21.3%) and Germany (+17.5%) all posted double-digit percentage gains.
From January to August 2016, all major markets posted growth. Italy (+36.1%), France (+16.2%) and Spain (+12.4%) made a particularly significant contribution to overall growth. In total, 234,070 new trucks (+14.3%) were registered in the EU.
For new heavy commercial vehicles (HCV) over 16 tonnes, August results were up 18.0% to 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 United Kingdom (+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, contributing to the overall upturn of the EU market over the period.
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