Commercial vehicle registrations: +4.7% first half of 2018; +7.3% in June
Brussels, 25 July 2018 – In June 2018, registrations of new commercial vehicles in the EU posted the third consecutive month of growth (+7.3%), with 247,000 units registered in total.
Total new commercial vehicles
In June 2018, registrations of new commercial vehicles in the EU posted the third consecutive month of growth (+7.3%), with 247,000 units registered in total. This positive result was mainly driven by van sales, which account for almost 85% of the commercial vehicle sector’s demand. Growth was recorded in Spain (+9.0%), Germany (+7.2%) and France (+3.2%), while demand fell in the Italian and UK markets (down 1.3% and 7.7% respectively). Noteworthy was the strong increase observed in Sweden, where commercial vehicle registrations – mainly vans and buses – almost tripled compared to June 2017.
During the first half of 2018 the EU market expanded by 4.7%, counting almost 1.3 million new commercial vehicles. Spain posted the highest growth over this period (+10.9%), followed by France (+5.0%), Germany (+3.7%) and Italy (+2.1%). The UK market, on the other hand, has contracted by 3.5% so far this year.
New light commercial vehicles (LCV) up to 3.5 tonnes
In June 2018, demand for light commercial vehicles posted robust growth (+8.3%), sustained by very positive results in the new EU member states (+14.9%). In total, 209,364 new vans were registered in the EU, exceeding for the first time the June 2007 result – reached before the industry was hit by the economic crisis. Among the key EU markets, Spain (+11.4%), Germany (+5.7%) and France (+3.7%) did well, but new LCV registrations declined in the United Kingdom (-5.8%) and in Italy (-3.8%).
From January to June 2018, 1,066,703 new vans were registered across the European Union, up 5.1% compared to the same period one year ago. The United Kingdom (-2.3%) was the only major market to post a decline, while Spain (+11.6%), France (+5.0%) and Germany (+5.0%) have all performed well so far in 2018.
New heavy commercial vehicles (HCV) of 16 tonnes and over
June results in the heavy truck segment were 2.3% higher than a year ago, with 27,580 new vehicles registered. HCV sales increased in Germany (+16.3%) and Italy (+11.4%) but declined in the UK (-21.9%), Spain (-11.6%) and France (-2.1%).
Six months into the year, demand for heavy trucks has remained positive across the EU, up 3.9% compared to one year ago. Overall, 159,881 new vehicles have been registered so far. Italy (+16.7%), France (+7.3%), Spain (+5.4%) and Germany (+1.6%) positively contributed to the region’s growth, while demand fell in the UK (-11.6%).
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
In June 2018, new truck registrations increased slightly in the European Union (+2.3%), counting 34,196 units. The Italian (+13.4%) and German (+12.9%) markets posted growth last month, although registrations did fall in the UK (-19.2%), Spain (-6.8%) and France (-2.2%).
Over the first half of the year, EU demand for new trucks went up by 3.4%, counting 195,191 units. Italy (+14.5%), Spain (+6.2%) and France (+5.8%) all performed very well. On the contrary, the United Kingdom (-9.8%) saw its registrations decline compared with the first semester of 2017.
New medium and heavy buses & coaches (MHBC) over 3.5 tonnes
June 2018 results showed a decline in the bus and coach segment (-3.4%) after the slight recovery observed last May. There were diverging trends in the five key EU markets, with Italy and France posting double-digit gains (+44.2% and +22.0% respectively), while the Spanish (-33.6%) and UK (-21.7%) markets faced substantial declines.
During the first semester of 2018, EU bus and coach registrations were slightly lower than one year ago (-0.9%), counting 20,206 new vehicles. Demand strongly increased in Italy (+19.0%), but registrations fell in the UK (-16.3%) and Germany (-6.1%). New EU member states made a substantial contribution to the cumulative half-year results (+18.3%).
- The European Automobile Manufacturers’ Association (ACEA) is the Brussels-based trade association of the 16 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, Statistics Manager, email@example.com.
Interested in ACEA press releases?
Receive them directly in your inbox!
About the EU automobile industry
- 12.6 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.6% of EU manufacturing jobs – some 3.5 million – are in the automotive sector.
- Motor vehicles are responsible for €398.4 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €76.3 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €62 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 33% of total EU spending.