EU Commercial Vehicle Market Increases 6.6% in October

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Trailer/Body Builders / December 1, 2015

Demand for new commercial vehicles in the EU in October increased for the tenth consecutive month, totaling 189,092 units for a 6.6% increase, according to the European Automobile Manufacturers Association (ACEA).

Growth was sustained across all commercial vehicle segments. Spain (+22.9%) confirmed the positive momentum posting double-digit growth, followed by Italy (+7.6%), Germany (+6.7%) and France (+3.9%), while the UK performed less well compared to October 2014 (-3.0%).

Over ten months in 2015, the EU market expanded (+11.6%), totaling 1,706,662 commercial vehicles. During the same period, Spain (+36.5%), the UK (+16.6%), Italy (+9.8%), Germany (+2.7%) and France (+2.1%) all posted growth.

New heavy commercial vehicles (HCV) over 16 tonnes

October 2015 results show an increase in new heavy truck registrations (+5.5%), totaling 28,245 units. France (+24.2%), Italy (+20.3%), Spain (+14.1%) and Germany (+12.3%) largely contributed to this positive outcome posting double-digit percentage gains, while the UK saw demand for heavy trucks significantly decrease (-29.6%).

Ten months into the year, the EU market grew (+18.5%), reaching 216,530 units. Spain (+45.1%), Italy (+25.9%), the UK (+25.1%), France (+12.8%) and Germany (+4.5%) saw demand for heavy trucks increase, contributing to the overall upturn of the EU market over the period.

New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes

In October 2015, 34,849 new trucks were registered in the EU, up (+3.0%) compared to October 2014. France (+22.7%), Germany (+14.6%), Spain (+13.1%) and Italy (+13.0%), positively contributed to the general growth, while the UK faced a significant drop in the truck segment (-34.2%).

From January to October 2015, 270,282 new trucks (+14.8%) were registered in the EU. In particular, Spain (+42.9%), Italy (+21.0%), the UK (+17.3%) and France (+10.3%) posted double-digit growth over the period, followed by Germany (+2.9%) which reported more modest growth.

New medium and heavy buses & coaches (MHBC) over 3.5 tonnes

In October 2015, new bus and coach registrations increased (+15.9%) compared to October 2014, totalling 3,259 units. Spain (+62.7%), France (+25.8%), the UK (+20.0%), Italy (+6.2%) and Germany (+1.6%) all positively contributed to the overall expansion.

Over ten months in 2015, the EU market increased (+18.0%), totalling 32,259 new buses and coaches. Demand was primarily driven by Spain (+44.4%) and the UK (+28.9%), followed by France (+19.0%), Italy (+14.1%) and Germany (+6.4%).

New light commercial vehicles (LCV) up to 3.5 tonnes

In October 2015, new registrations of light commercial vehicles totalled 150,984 units, up (+7.3%) compared to October 2014. This marked the 26th consecutive month of growth in the segment. Spain (+24.9%), Italy (+7.0%), the UK (+6.2%), Germany (+4.0%) and France (+1.6%) all positively contributed to the upturn.

From January to October 2015, 1,404,121 new vans were registered in the EU (+10.8%). Spain (+35.5%), the UK (+16.3%), Italy (+8.5%) and Germany (+2.6%) saw demand for vans increase over this period, while France remained stable (+0.9%).