Commercial vehicle registrations: +6.5% eight months into 2019; +6.2% in July and +11.0% in August
Brussels, 25 September 2019 – In July and August 2019, commercial vehicle registrations increased significantly (+6.2% and +11.0%, respectively), marking eight consecutive months of growth in the EU.
Total new commercial vehicles
In July and August 2019, commercial vehicle registrations increased significantly (+6.2% and +11.0%, respectively), marking eight consecutive months of growth in the EU. The van segment supported these results to a large extent, as truck and bus registrations fell sharply during the summer months. The United Kingdom (+29.8%) and Germany (+13.0%) saw the strongest gains last month, while Spanish (-2.6%) and French (-1.9%) sales slowed down compared to August 2018.
Over the first eight months of 2019, EU demand for new commercial vehicles grew by 6.5%, with more than 1.7 million vehicles registered across the region. Germany led this growth with an increase of 13.6%, followed by the UK (+11.3%), France (+6.5%), Italy (+4.3%) and Spain (+2.1%).
New light commercial vehicles (LCV) up to 3.5t
In August 2019, registrations of light commercial vehicles showed solid growth, up 17.5% compared to the year before. With the exception of Spain, each of the five big EU markets posted positive results in August, especially the United Kingdom (+41.0%) and Germany (+19.0%) – both of which saw double-digit gains last month.
Eight months into the year, the EU market for new vans expanded by 6.2% thanks to very strong demand during the summer months of July and August. The EU’s five major markets performed well so far this year: Germany (+14.0%), the UK (+11.3%), France (+6.2%), Italy (+6.1%) and Spain (+2.4%).
New heavy commercial vehicles (HCV) of 16t and over
After six months of consecutive growth in 2019, culminating in a 46.9% increase last June, EU heavy truck registrations suffered notable drops in July (-25.1%) and August (-21.8%). As a result, all of the large EU markets posted double-digit declines last month.
From January to August 2019, the heavy truck market of the European Union expanded by 7.7%, despite the declines recorded in the summer. The UK (+19.3%), France (+11.3%) and Germany (+11.1%) contributed positively to the region’s growth. By contrast, demand for heavy duty vehicles slowed in Italy (-5.1%) and Spain (-1.1%) during the same period.
New medium and heavy commercial vehicles (MHCV) over 3.5t
August 2019 truck results were significantly lower (-19.0%) than the year before. Declines were recorded in every major EU market − with Spain (-32.2%), Italy (-22.4%), the United Kingdom (-20.1%) and France (-16.4%) posting double-digit drops.
During the first eight months of the year, demand for new trucks across the EU saw considerable growth (+8.0%), even though July and August figures were negative. The UK (+16.8%), Germany (+13.2%) and France (+10.1%) were the main drivers behind this increase, as truck registrations declined slightly in Italy (-4.8%) and Spain (-1.8%).
New medium and heavy buses & coaches (MHBC) over 3.5t
In August 2019, EU registrations of buses and coaches decreased by 10.3% compared to last year. Mixed results were posted by the big markets, with Spain performing very strongly (+140.0%) and double-digit declines being recorded in the United Kingdom (-41.6%) and France (-13.6%).
Eight months into the year, demand for new buses and coaches remained positive (+3.8%), although sales dropped during the summer period. So far, this growth was largely driven by the Central European markets (+15.8%). Among the major Western European ones, only Spain (+9.5%), Germany (+2.1%) and France (+1.6%) managed to post slight gains.
- 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, firstname.lastname@example.org.
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About the EU automobile industry
- 13 million Europeans work in the auto industry (directly and indirectly), accounting for 7% of all EU jobs.
- 11.5% of EU manufacturing jobs – some 3.4 million – are in the automotive sector.
- Motor vehicles are responsible for €374.6 billion of tax revenue for governments across key European markets.
- The automobile industry generates a trade surplus of €79.5 billion for the EU.
- The turnover generated by the auto industry represents more than 8% of the EU’s GDP.
- Investing €58.8 billion in R&D annually, the automotive sector is Europe’s largest private contributor to innovation, accounting for 32% of total EU spending.