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EU sees strong CV growth for third consecutive month

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

EU-CV-growth

A total of 223,749 registrations marked a 20.7% year-on-year upturn and the highest monthly growth since December 2013.

Growth was sustained across all segments of commercial vehicles in March. Spain (+67.6%), the UK (+25.6%), Germany (+13.1%), France (+11.1%) and Italy (+10.2%) all posted double-digit figures. In the first quarter of 2015, the EU market expanded by 13.3% to 502,210 newly registered commercial vehicles. During the same period, Spain (+42.3%), the UK (+24.2%), Germany (+7.1%) and Italy (+7.0%) all posted growth, while France was the only major market to record a setback (‐0.5%).

The table below shows the growth for each CV sector in the biggest EU markets:

The table below shows the growth for each CV sector in the biggest EU markets:

Light commercial vehicles

Country March 2015 % (units) First Quarter 2015 % (units)
UK +20.5 (50,064) +22.3 (79,917)
Spain +69.8 (9,298) +44.5 (24,705)
Germany +19.0 (18,564) +10.5 (48,016)
France +10.6 (33,236) +0.4 (90,588)
Italy +6.1 (10,365) +6.1 (28,144)
EU total (units) +20.5 (189,319) 13.6 (419,142)

 

Medium trucks

Country March 2015 % (units) First Quarter 2015 % (units)
UK +55.6 (3,546) +45.1 (6,628)
Spain +36.3 (1,140) +22.5 (3,734)
Germany 0.0 (8,585) -1.0 (0,687)
France +14.9 (3,395) -8.6 (11,029)
Italy +42.7 (918) 12.7 (3,448)
EU total +21.2 (30,603) +10.7 (74,138)

 

Heavy trucks

Country March 2015 % (units) First Quarter 2015 % (units)
UK +77.6 (2,341) 67.6 (4,296)
Spain +41.0 (918) +23.4 (3,151)
Germany +3.1 (5,997) +3.9 (14,287)
France +22.1 (2,733) -6.6 (9,249)
Italy +44.4 (692) +14.4 (2,702)
EU total +27.9 (19,267) +15.6 (52,274)

 

Bus and coach

Country March 2015 % (units) First Quarter 2015 % (units)
UK +17.8 (947) +30.1 (1,677)
Spain +194.2 (120) +94.6 (373)
Germany +20.7 (434) +8.0 (1,191)
France +23.4 (453) +6.3 (1,361)
Italy +71.2 (198) +15.6 (649)
EU total units +33.1 (2,876) +24.5 (7,173)