Registrations for several European fleet markets showed recovery for the first half of 2020 after huge drops following the impact the COVID-19 pandemic had on the industry, looking at Germany, Spain, France, U.K., and Italy.
Registrations of commercial fleets in Sweden for the month of May fell more than 50%, as did the overall passenger car market.
Fleet registrations fell in May 2020 by 38.2% compared with the same month last year, continuing declines exacerbated by the COVID-19 pandemic.
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.
The true fleet market in Switzerland declined by 37% in April due to the effects of the COVID-19 pandemic.
In the last month for the first quarter of 2020, Swiss commercial fleet registrations took a heavy downturn under the influence of the COVID-19 pandemic.
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.
Fleet sales in Switzerland were down by 14.1% in February, as registrations in the overall market posted another month of declines.
Fleet registrations in Switzerland grew by 13.7% in October, continuing another month of growth on a year that saw several registration declines.
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.
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