Commercial vehicle registrations: +3.9% over 11 months; +2.5% in November
Brussels, 21 December 2017 – In November 2017, commercial vehicle registrations across the EU showed positive growth (+2.5%), albeit at a slower pace compared to October.
Total new commercial vehicles
In November 2017, commercial vehicle registrations across the EU showed positive growth (+2.5%), albeit at a slower pace compared to October. Demand was mainly sustained by the light commercial vehicle and the heavy truck segments. Among the five big markets, Spain (+15.3%), France (+9.2%) and Germany (+6.1%) performed very well, while the UK (-11.8%) and the Italian (-10.0%) markets had weaker results compared to November last year.
From January to November 2017, demand for new commercial vehicles remained positive in the EU, with almost 2.2 million new vehicles registered – up 3.9% compared to last year. Spain continued to drive growth (+15.1%), followed by France (+7.8%) and Germany (+3.6%). On the other hand, UK demand fell (-4.6%) over this period.
New light commercial vehicles (LCV) up to 3.5 tonnes
November 2017 results show a modest increase (+3.3%) in EU demand for vans compared to one year ago. Results were diverse among the major EU markets, with Spain (+18.4%), Germany (+8.5%) and France (+6.2%) contributing positively to last month’s growth, while demand contracted in both the UK (-11.1%) and Italy (-9.4%).
Eleven months into the year, more than 1.8 million new vans were registered across the European Union, up 4.6% compared to the same period in 2016. Spain (+17.4%), France (+8.3%) and Germany (+5.2%) maintained momentum, while demand for light commercial vehicles declined in the UK (-4.1%) and Italy (-0.7%).
New heavy commercial vehicles (HCV) of 16 tonnes and over
In November, demand for new heavy commercial vehicles grew by 2.2% compared to the same month last year, with 26,727 units registered. Results were diverse across the five big EU markets, with registrations falling in the UK (-18.3%), Italy (-4.1%) and Spain (-1.0%), while demand strongly increased in Germany (+16.2%) and France (+14.3%).
So far in 2017, the HCV market posted a modest increase (+1.1%), counting 273,839 new vehicle registrations. The Italian market saw the strongest gains (+11.4%), followed by France (+6.8%). Demand for heavy commercial vehicles remained relatively stable in Spain (-0.2%) and declined in the UK (-6.0%).
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
November 2017 registrations of new trucks were rather stable compared to November last year, totalling 32,787 new units. Truck demand declined in the United Kingdom (-14.0%) and Italy (-13.5%), while it increased in Germany (+6.3%).
From January to November 2017, 337,827 new trucks were registered in the EU – a stable performance (+0.3%) when compared to 2016’s results. Italy (+7.5%) and France (+6.5%) did well so far in 2017, but truck registrations decreased in the UK and Germany (-5.6% and -0.5% respectively).
New medium and heavy buses & coaches (MHBC) over 3.5 tonnes
In November, demand for new buses and coaches fell for the third consecutive month, down 8.8% and totalling 3,334 units. Demand contracted strongly in the UK (-25.0%) and Italy (-24.8%), while the French market posted double-digit growth (+30.8%).
Over the first 11 months of 2017, the EU bus and coach market declined slightly (-0.7%), counting 36,182 new vehicles registered. The UK and France saw demand fall by -18.4% and -8.7% respectively, whereas new bus and coach registrations increased substantially in Italy (+24.0%) and Spain (+11.3%).
- 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, email@example.com.
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About the EU automobile industry
- 13.0 million Europeans work in the automotive sector
- 11.5% of all manufacturing jobs in the EU
- €374.6 billion in tax revenue for European governments
- €79.5 billion trade surplus for the European Union
- Almost 8% of EU GDP generated by the auto industry
- €58.8 billion in R&D spending annually, 32% of EU total