Commercial vehicles registrations increased in the EU
In October 2017, commercial vehicle registrations across the EU gained momentum, showing positive growth (+10.7%) compared to one year ago, rapport by ACEA, the Alliance of European Automobile Manufacturers.
Demand was sustained across all segments, except for buses and coaches. Among the five big markets, Spain (+20.9%), France (+18.6%) and Germany (+14.5%) recorded the highest gains, while the United Kingdom (-9.8%) performed significantly less well than in October last year.
New light commercial vehicles (LCV) up to 3.5 tonnes
October 2017 results show a robust increase (+12.7%) in EU demand for vans. All major EU markets contributed positively to last month’s growth, except for the United Kingdom.
Ten months into the year, more than 1.6 million new vans were registered across the European Union, up 4.8% compared to the same period in 2016.
New heavy commercial vehicles (HCV) of 16 tonnes and over
In October, demand for new heavy commercial vehicles grew by 5.3% after posting a decline in September. Results were diverse across the five big EU markets, with registrations falling in the UK.
So far in 2017, the HCV market posted a modest increase (+0.9%), counting 247,065 new vehicle registrations.
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
October 2017 registrations of new trucks were 3.9% higher than in October last year, totaling 34,336 new units. Growth was sustained across all major EU markets, except for the United Kingdom.
From January to October 2017, 305,259 new trucks were registered in the EU – a stable performance (+0.3%) when compared to last year’s results.
New medium and heavy buses & coaches (MHBC) over 3.5 tonnes
In October, demand for new buses and coaches fell for the second consecutive month, down 13.4% and totaling 2,703 units. Demand contracted strongly in the five big EU markets except for Spain, which posted double-digit growth (+22.4%).
Over the first 10 months of 2017, the EU bus and coach market remained more or less stable (+0.3%), counting 32,859 new vehicles registered.