EU demand for commercial vehicles increases for 14th consecutive month
ACEA found that growth was sustained across all segments of commercial vehicles. Looking at the largest markets, Italy recorded the highest upturn (+30.4%) followed by Spain (+17.6%), Germany (+16.2%), France (+13.9%) and the UK (+3.7%).
In the first two months of the year, the EU market expanded by 15.4%, totalling 320,833 commercial vehicles. During the same period, Italy (+27.1%), Spain (+19.1%), Germany (+13.9%) and France (+12.8%) all posted double-digit growth, while the UK (+0.6%) remained stable.
In February 2016, new registrations of light commercial vehicles (up to 3.5 tonnes) totalled 131,799 units, or 16.9% up on February 2015. This marked the 30th consecutive month of growth in the segment, which accounts for the majority of sales in the commercial vehicle market. Italy (+28.7%), Spain (+16.8%), Germany (+15.9%) and France (+13.0%) contributed positively to the upturn, while the UK market saw only a modest upturn (+0.4%).
From January to February 2016, 262,692 new vans were registered in the EU or 14.4% more than in the same period last year. The UK (-2.5%) was the only major market to post a decline, while Italy (+28.7%), Spain (+16.9%), Germany (+13.9%) and France (+12.6%) saw their demand for vans increase.
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