EU commercial vehicle market recovering

According to the the European Automobile Manufacturers' Association (ACEA), new commercial vehicle registrations in the EU grew by 6.1 per cent in September, totaling 160,038 units.

The month counted on average one more working day across the region. Looking at the major markets, the French (-1.8 per cent) and the Italian (-3.5 per cent) shrank, in comparison with September 2012, while the German grew by 4.2 per cent and the UK (+12.5 per cent) and Spanish (+25.4 per cent) posted a double-digit upturn.

Three quarters into the year, demand for new commercial vehicles was down 4.0 per cent in the EU with 1,230,188 new registrations. Spain (+1.8 per cent) and the UK (+7.9 per cent) recorded more vehicles than in the same period last year, while Germany (-6.9 per cent), France (-7.0 per cent) and Italy (-16.2 per cent) saw their markets decline.

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