EU commercial vehicle registrations up 9.8 per cent in first quarter

Demand for new commercial vehicles in the EU increased for the seventh consecutive month in March, according to the European Automobile Manufacturers Association (ACEA).

Total commercial vehicle registrations grew by 11.1 per cent, totaling 185,520 units. “Growth was sustained across all segments of commercial vehicles,” ACEA said in a recent report. 

“Out of the most significant markets, Spain recorded the highest upturn (+26.8 per cent). Italy (+16.3 per cent) and the UK (+11.0 per cent) also posted double-digit growth, while demand in Germany (+9.8 per cent) and France (+0.3 per cent) also increased.”

In the first quarter of the year, the EU market expanded by 9.8 per cent, totaling 443,038 units. During the same period, Spain (+39.0 per cent), Italy (+14.1 per cent), Germany (+10.5 per cent) and the UK (+10.4 per cent) all posted double-digit growth, while France was the only major market recording a decline (-0.6 per cent).

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