In 2016, the EU market showed consistent growth (+11.6%) and rose for the fourth year in a row, reaching 2,324,371 million commercial vehicles registered, ACEA reports. ACEA is in the European Automobile Manufacturers Association. Growth was sustained across all commercial vehicle segments.
Throughout the year, the five big markets performed better than in 2015. Italy (+49.9%) showed the most significant increase, followed by Spain (+11.3%), France (+8.3%), Germany (+7.0%) and the UK (+1.2%).
Italy ended the year extremely strong with registrations almost doubling as a result of government incentives for fleet renewal that were introduced in September.
In December 2016, EU demand for new commercial vehicles increased yet again (+10.4%), totalling 211,941 units,
New light commercial vehicles (LCV) up to 3.5 tonnes
In December 2016, new registrations of light commercial vehicles totalled 177,303 units, up (+10.3%) compared to December 2015.
Overall in 2016, nearly two million new vans were registered in the European Union, 11.9% more than the year before.
New heavy commercial vehicles (HCV) over 16 tonnes
December 2016 results show a significant surge in the heavy truck segment (+16.1%), with 24,044 new vehicles registered.
In 2016, the market for new heavy trucks grew by 12.3%, reaching 292,170 units.
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
In December 2016, new truck registrations in the EU totalled 30,428 units, up (+12.0%) compared to December 2015.
In 2016, 365,051 new trucks were registered in the European Union, 11.0% more than in the year before.
New medium and heavy buses & coaches (MHBC) over 3.5 tonnes
In December 2016, new registrations of buses and coaches increased again (+5.5%) following a slowdown in the third quarter of the year, now totalling 4,210 units.
Overall in 2016, the EU market for buses and coaches only registered a moderate increase (+2.3%), counting 40,370 new vehicles.