Demand for new commercial vehicles in the EU increased for the 14th consecutive month in February, according to the European Automobile Manufacturers’ Association (ACEA).
In a new report, ACEA said total commercial vehicle registrations grew by 17.8 per cent, totalling 160,062 units for the month.
“Growth was sustained across all segments of commercial vehicles,” the Association stated.
“Looking at the largest markets, Italy recorded the highest upturn (+30.4 per cent) followed by Spain (+17.6 per cent), Germany (+16.2 per cent), France (+13.9 per cent) and the UK (+3.7 per cent).”
Heavy commercial vehicles over 16 tonnes showed especially strong growth in February at 22.2 per cent, totalling 21,052 new registrations.
“This positive outcome was largely sustained by the significant growth recorded in Italy (+41.9 per cent), the UK (+28.1 per cent), France (+21.3 per cent), Spain (+16.0 per cent) and Germany (+13.1 per cent),” ACEA said. “Noteworthy was the contribution of the new EU member states (+30.4 per cent) to last month’s positive outcome.”
In the first two months of the year, the EU commercial vehicle market as a whole expanded by 15.4 per cent, totalling 320,833 commercial vehicles. During the same period, Italy (+27.1 per cent), Spain (+19.1 per cent), Germany (+13.9 per cent) and France (+12.8 per cent) all posted double-digit growth, while the UK (+0.6 per cent) remained stable.