Demand for new commercial vehicles in EU still down

Demand for new commercial vehicles resumed its downward trend in May, the European Automobile Manufacturers' Association (ACEA) reported on Friday. According to ACEA, the slight increase in April (+3.6 per cent) has to be attributed to a calendar effect.

Downturn prevailed across segments, leading to an overall 7.4 per cent decrease in the EU, which counted a total of 135,587 new vehicles.

The Spanish market remained stable (+0.4 per cent), while the UK (-4.0 per cent), Germany (-9.6 per cent), France (-11.2 per cent) and Italy (-16.2 per cent) registered fewer vehicles than in May 2012.

From January to May, the UK was the only major market to expand (+8 per cent). The decline ranged from -9.4 per cent in France to -10.2 per cent in Spain, -10.9 per cent in Germany and -21.3 per cent in Italy.

A total of 681,337 new commercial vehicles were registered in the region, or 7.5 per cent less than in the first five months of last year. 

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