In the first semester of 2016, the EU market expanded (+13.5%), totalling 1,170,263 commercial vehicles (Trucks, Van, Bus) European Automobile Manufactured Associaton (ACEA) said. During the same period, Italy (+30.8%), Spain (+14.0%), France (+12.7%), Germany (+10.4%) and the UK (+3.6%) all posted growth, in new heavy truck registrations. New light commercial vehicles (LCV) up
Tag Archives: european union
Brexit and its impact in the automotive industry
The shock waves from the UK’s historic vote to leave the EU are about to hit the global auto industry Analysts predict that falling sales and rising costs are the most likely outcomes for automakers as Europe’s second-largest car market begins severing long-standing ties with the region that buys the greatest proportion of the UK’s
