EU Commercial Vehicle Market Up in 2015
In December 2015, EU demand for new commercial vehicles registered a strong increase (+14.8 percent), totaling 191,826 units over the month and marking one year of consecutive growth, according to data from the European Automobile Manufacturers’ Association (ACEA).
Growth was sustained across all commercial vehicle segments. Italy (+23.2 percent), Spain (+23.0 percent), the UK (+20.3 percent) ended the year posting double digit percentage gains in December, followed by France (+9.4 percent) and Germany (+8.7 percent), according to ACEA research.
In 2015, the EU market showed a consistent uplift (+12.4 percent) and rose for the third year in a row, exceeding 2 million commercial vehicles registered (2,079,322). During the year, Spain (+36.4 percent) showed the most significant increase, followed by the UK (+16.7 percent), Italy (+13.2 percent), Germany (+4.3 percent) and France (+3.1 percent) – all performing better than 2014, according to ACEA research.
In December 2015, new registrations of light commercial vehicles totaled 160,518 units, up (+13.5 percent) compared to December 2014. This marked the 28th consecutive month of growth in the segment. Italy (+23.9 percent), Spain (+23.8 percent), the UK (+14.6 percent), France (+8.7 percent), and Germany (+5.6 percent) all posted registration gains, according to ACEA.
In 2015, 1,713,850 new vans were registered in the EU (+11.6 percent). All major markets saw their demand for vans increase over the year, in particular Spain (+36.1 percent), the UK (+15.6 percent) and Italy (+12.4 percent), according to the ACEA research.
In December 2015, new truck registrations in the EU totaled 27,315 units, up (+23.7 percent) compared to December 2014. The UK market finished the year strongly (+75.6 percent) after showing decline in October. Also Spain (+19.5 percent), Germany (+19.5 percent), France (+13.2 percent) and Italy (+10.1 percent) showed large upturns at the end of 2015, according to the ACEA research.
In 2015, 325,689 new trucks (+16.2 percent) were registered in the EU. Looking at the five major markets, Spain (+38.4 percent), the UK (+24.5 percent), Italy (+21.3 percent) and France (+10.3 percent) posted the highest increases over the year, according to the ACEA research.