EU commercial vehicle registrations up for third month running
The ACEA data shows that all segments benefited from the upturn, with most major markets showing growth, with results up in Italy (+1.1%), Germany (+10.0%), the UK (+22.8%) and Spain (+26.0%). France was the only market to contract (-2.2%).
However, registrations remain down for the year to date, with total registrations of 1,541,856 new commercial vehicles, or 1.7% less than in the first eleven months of 2012. Results varied across markets as the Spanish (+6.3%) and the UK (+10.7%) expanded, while the German (-4.3%), French (-5.5%) and Italian (-14.2%) faced a downturn.
For the segment of new light commercial vehicles up to 3.5T, demand was up 5.8% in November, amounting to 120,944 units. Looking at the major markets, the Italian remained stable (-0.3%), while the French shrank by 4.2%, and the UK (+19.4%) and Spanish (+25.0%) posted a double-digit growth.
Eleven months into the year, new van registrations increased in both Spain (+8.3%) and the UK (+11.7%). Germany (-3.9%), France (-5.7%) and Italy (-14.5%) fared less well, leading to an overall 1.7% decline of the EU market. In total, 1,252,187 new vans were registered in the period.
Looking at new heavy commercial vehicles over 16T (excluding buses & coaches), this segment increased the most in November, growing by 30.8% with a total of 22,483 new registrations. All significant markets expanded, from France (+15.0%) to Germany (+20.3%), Italy (+22.5%), the UK (+37.1%) and Spain (+41.4%).
Over eleven months, the UK was the only major market to sustain demand (+12.5%). Elsewhere, downturn ranged from -2.4% in Spain to -4.5% in France, -5.6% in Germany and -10.6% in Italy, leading to a slight contraction of the EU market (-0.6% ) which registered 197,905 new heavy trucks.
For new commercial vehicles over 3.5% (excluding buses & coaches), November registrations amounted to 28,787 units, or 24.5% more than in November last year. All major markets posted double-digit growths ranging from +12.3% in Germany to +13.6% in Italy, +13.7% in France, +30.6% in Spain and +38.8% in the UK.
From January to November, the UK was the only significant market to expand (+7.9%). Spain (-3.9%), France (-5.8%), Germany (-5.9%) and Italy (-14.2%) all performed less well than in the first eleven months of 2012. Overall, the EU recorded a total of 260,862 new trucks, or 2.1% less than in the same period last year.
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