EU markets growing at different speeds

Europe’s heavy commercial vehicle market is still struggling, according to the European Automobile Manufacturers’ Association (ACEA).

Even though the overall market for new commercial vehicles expanded for the thirteenth consecutive month (+13.2 per cent) in September, the heavy-duty segment is still somewhat divided, ACEA said.

While the UK (-10.1 per cent), Spain (-6.1 per cent) and France (-3.6 per cent) continue to face a downturn, Italy (+10.2 per cent) and Germany (9.1 per cent) posted growth.
“Overall, though, there was an expansion (2.7 per cent) in the whole region,” ACEA commented.

Over nine months, the region registered more vehicles (+3 per cent) than in the same period last year and counted 156,604 new heavy trucks.

Looking at the major markets, France (-8.3 per cent) and the UK (-22 per cent) performed less well than in the first eight months of 2013, while the Italian (+12.6 per cent), German (+14.6 per cent) and Spanish (+26.9 per cent) markets expanded.

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