Commercial vehicle registrations: -13.5% first two months of 2022; -15.7% in February
Brussels, 24 March 2022 – In February 2022, new commercial vehicle registrations retreated across the European Union, down 15.7% to 131,874 units.
Total new commercial vehicles
In February 2022, new commercial vehicle registrations retreated across the European Union, down 15.7% to 131,874 units. Except for heavy commercial vehicles, all segments recorded declines. The four key markets in the region also all suffered losses: Spain (-23.3%), France (-21.4%), Germany (-8.1%) and Italy (-4.8%).
From January to February, demand for commercial vehicles in the EU decreased by 13.5% to 257,127 units registered in total. Spain (-21.9%), France (-19.3%), Germany (-5.8%) and Italy (-2.8%) all recorded declines.
New light commercial vehicles (LCV) up to 3.5t
Last month, sales of new vans across the EU saw another double-digit decline (-18.2%), as manufacturers continued to suffer from semiconductor shortages. Looking at the four main EU markets, Spain (-27.1%), France (-23.6%) and Germany (-12.0%) posted double-digit losses, while Italy (-6.3%) recorded a more modest decline.
During the first two months of the year, registrations of new light commercial vehicles fell by 16.3% in the European Union, totalling 206,345 units. All major markets in the region recorded declines, with Spain posting the steepest drop (-27.1%).
New heavy commercial vehicles (HCV) of 16t and over
February sales of new heavy commercial vehicles saw modest growth (+0.4%), reaching 19,690 units sold across the European Union. Except for Italy (-0.7%), all major markets in Western Europe contributed positively to last month’s growth: Germany (+11.8%), France (+6.4%) and Spain (+3.7%). By contrast, Poland – which is the largest market for heavy commercial vehicles in Central Europe – recorded a double-digit decline (-17.9%).
Two months into the year, EU heavy commercial vehicle registrations expanded by 4.1%, counting 40,270 units in total. The European Union’s four major markets recorded gains: Spain (+10.3%), Germany (+4.9%), France (+4.0%) and Italy (+0.7%).
New medium and heavy commercial vehicles (MHCV) over 3.5t
In February, demand for trucks across the European Union shrank by 1.5%, counting 23,124 units. This decline was mainly the result of double-digit losses in several Central European markets, which dragged down the region’s overall performance. By contrast the largest markets in Western Europe all posted growth: Germany (+5.9%), Italy (+2.6%), France (+2.1%) and Spain (+0.2%).
Over the first two months of the year, 46,639 new trucks were registered in the EU, a year-on-year rise of 1.2%. The results among the four key EU markets were varied. Spain recorded an increase of 7.1%, while Italy saw a modest growth (+0.7%). Germany and France witnessed modest declines (-0.5% and -0.4% respectively).
New medium and heavy buses & coaches (MHBC) over 3.5t
In February 2022, the EU bus and coach market dropped by 12.9%, totalling 1,851 units sold. Among the four key markets in the region, Italy posted double digit gains (+32.1%), followed by Spain (+7.1%). France and Germany on the other hand suffered double-digit losses (-20.2% and -18.3% respectively).
From January to February, the sales of buses and coaches across the EU slipped by 9.6% to reach 4,143 units. Three of the EU’s four major markets saw declines: Germany (-10.7%), France (-10.0%) and Italy (-7.9%). Spain, however, recorded growth (+11.3%).
In February, new commercial vehicle registrations retreated across the European Union, down 15.7% to 131,874 units.
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About ACEA
- The European Automobile Manufacturers’ Association (ACEA) is the Brussels-based trade association of the 14 major car, van, truck and bus producers in Europe
- The ACEA commercial vehicle members are DAF Trucks, Daimler Truck, Ford Trucks, Iveco Group, MAN Truck & Bus, Scania, Volkswagen Commercial Vehicles, and Volvo Group
- Visit www.acea.auto for more information about ACEA, and follow us on www.twitter.com/ACEA_auto or www.linkedin.com/company/ACEA/
- Contact: Francesca Piazza, Senior Statistics Manager, fp@acea.auto
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About the EU automobile industry
- 12.9 million Europeans work in the automotive sector
- 8.3% of all manufacturing jobs in the EU
- €392.2 billion in tax revenue for European governments
- €101.9 billion trade surplus for the European Union
- Over 7% of EU GDP generated by the auto industry
- €59.1 billion in R&D spending annually, 31% of EU total