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Fleet Registrations

In the first quarter of 2020, the European Union commercial vehicle market contracted by 23.2% to 413,327 units as a direct consequence of slowdowns seen in March, as measures to prevent the spread of the coronavirus lead to the closure of dealerships. 

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COVID-19 Cripples German Fleet Registrations

Fleet registrations in Germany are expected to drop by 380,000 units in 2020 as the result of the COVID-19 pandemic, and registrations for April and May are projected to be 80% lower than projected.

How Fleet Registrations Fluctuated in Europe

Fleet registrations for several countries in Europe dropped significantly following the introduction of the WLTP in late 2018, but most have seen increases in the last several years.