European market maintains positive trend

Demand for new commercial vehicles in the EU increased for the 18th consecutive month in June, according to the European Automobile Manufacturers’ Association (ACEA).

In June 2016, demand for new commercial vehicles in the EU increased by 13.3 per cent, totalling 223,519 units, ACEA reported.

“Growth was sustained in all major markets, with Italy (+29.9 per cent), Spain (+14.5 per cent), Germany (+11.3 per cent), France (+11.1 per cent) and the UK (+2.8 per cent) posting growth,” the Association said.

In the first semester of 2016, the EU market reportedly expanded +13.5 per cent, totalling 1,170,263 commercial vehicles. During the same period, Italy (+30.8 per cent), Spain (+14.0 per cent), France (+12.7 per cent), Germany (+10.4 per cent) and the UK (+3.6 per cent) all posted growth.

The heavy truck segment above 16 tonnes – a key indicator for trailer sales – grew in line with the overall market, too. According to ACEA, June 2016 results showed an increase in new heavy truck registrations (+13.0 per cent), totalling 26,122 units. Italy (+62.7 per cent) largely contributed to this positive outcome, followed by France (+17.9 per cent), Germany (+9.8 per cent) and the UK (+1.1 per cent).

The Spanish market showed a decline (-15.7 per cent), however.

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