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April 27, 2010

EU: Commercial vehicle sales return to growth

ACEA says that new registrations of commercial vehicles in the EU grew by 8.8% in March, marking the first increase in almost two years.

ACEA says that new registrations of commercial vehicles in the EU grew by 8.8% in March, marking the first increase in almost two years.

Light commercial vehicles posted growth, although heavy duty vehicles’ registrations were still down.

Compared with the pre-crisis situation of March 2008 new registrations decreased by 27.3%, an illustration that the sector further operates under difficult economic circumstances in the EU.

In total, new registrations reached 186,469 units. March 2010 counted on average one working day more

Over the first quarter of 2010, new registrations decreased by 1.3% compared to the same period of 2009, amounting to 431,454 units.

In March, 160,980 new vans were registered in the EU, or 12.4% more than last year. All major markets posted growth, from +15.4% in Germany to +15.8% in France, +16.2% in the UK, +25.3% in Spain and +29.2% in Italy.

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