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Commercial Vehicle Registrations Rise 4.7% in Europe

March 04, 2014

Demand for new commercial vehicles in the European Union increased 4.7 percent to 132,503 units in January, marking the fifth consecutive monthly increase.

Van, truck and heavy-truck segments saw continued growth, while the market for buses and motor coaches contracted, reports the European Automobile Manufacturers Association (ACEA).

The Spanish markets saw the steepest growth, rising 44.9%, while Italy also posted double-digit growth (12.2%). Demand grew in the United Kingdom by 5.3% and Germany by 5%. France was the only major market to record a decline, falling 5.1%.

Strong demand for vans helped that vehicle segment grow 5.3% to 109,019 vehicles. The increase was boosted by Spain (48.9%), the United Kingdom (12.9%), Italy (10%), and Germany (5%). Demand for vans in France fell 7.6%.

New heavy truck registrations grew 9.8% in January to 17,079 units. Germany was the largest market (3,622 units), posting 8.9% growth. France, the second largest market in January, saw its demand increase by 17.4%, reaching 3,569 units. Of the major markets, Spain (55%), posted the highest upturn, followed by Italy (31.4%) and Poland (23.4%). The United Kingdom market declined by 41.8%.

New truck registrations grew 3.2% in January to 21,040 units. Despite a moderate decline (1.2%), Germany remained the largest market in the month, registering 5,170 trucks. France, the second largest market in the same period (4,116 units), grew 12.5%. Spain (43%), Italy (27.3%), Belgium (26.1%) and Poland (21.6%) also saw their demand increase. Truck registrations in the United Kingdom fell by 38.3%.

Demand for new buses and coaches declined by 8.8% in January, dropping to 2,444 units. France (491 units) was the largest market in the month, posting a 16.1% increase in registrations. The United Kingdom (425 units) was the second largest market despite demand falling by 4.3%. In the same period, Germany contracted by 11.1%, totalling 375 units. Italy recorded 11.5% growth, reaching 282 units. At the same time, Spain saw its market for buses and coaches decline by 34%, dropping to 136 units.

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