According to the European Automobile Manufacturers Association (ACEA), demand for new commercial vehicles was down by 9.4 per cent in the EU in October, compared to October last year, amounting to 147,211 units.
All major markets shrank, by 3.8 per cent in Germany, 8.6 per cent in the UK, 9.8 per cent in France, 16.4 per cent in Italy and 20.4 per cent in Spain. Ten months into the year, contraction also prevailed across all significant markets, leading to an overall 10.6 per cent downturn in the region.
New registrations decreased by 3.6 per cent in the UK, 4.1 per cent in Germany, eight per cent in France, 25.2 per cent in Spain and 33 per cent in Italy. In total, 1,429,287 new vehicles were registered in the EU.
