Commercial vehicles: 6.6% increase in new registrations from January to October
Brussels, 26/11/2010 – In October, new commercial vehicle registrations rose by 12%, continuing an upward trend commenced in March.
The increase occurred in all segments, except for buses and coaches. Ten months into the year, the EU* market of commercial vehicles expanded by 6.6%, mainly lifted by demand for vans. New registrations from January to October totaled 1,453,202 units.
New Light Commercial Vehicles up to 3.5t – “vans”
In October, 125,914 new vans were registered in the EU*, or 7.4% more than in the same month last year. Looking at the major markets, France (+16.0%), Germany (+16.2%) and the UK (+22.3%) posted a solid increase while the results in Italy (-6.1%) and Spain (-14.9%) were negative. From January to October, the EU* totaled 1,224,023 new van registrations, or 8.5% more than over the same period a year ago. France (+12.5%) remained the largest market, followed by the UK (+18.7%), Germany (+12.9%), Italy (+8.4%) and Spain (+10.6%).
New Heavy Commercial Vehicles over 16t (excluding Buses & Coaches) – “heavy trucks”
In the segment of heavy trucks, October results in the EU* were 53.7% higher than in October 2009, with 16,628 new vehicles registered. All major markets posted growth, ranging from 27.3% in Italy to 33.2% in the UK, 46.2% in France, 48.5% in Spain and 68.9% in Germany. Ten months into the year, new heavy truck registrations amounted to 135,792 units, or 1.4% less than in the first ten months of last year. Performance in the main markets was diverse with Germany (+12.4%) and Spain (+17.8%) expanding while Italy (-4.8%), France (-9.9%) and the UK (-17.4%) declined.
New Commercial Vehicles over 3.5t (excluding Buses & Coaches) – “trucks”
In October, registrations of trucks were up 47.7%. The Netherlands (+89.4%), the UK (+79.9%) and Germany (+60.3%) recorded the largest increase among the most significant markets. France (+34.7%), Spain (+28.0%) and Italy (+11.4%) also performed better than in the same month last year. From January to October, the EU* market remained stable (-0.6%). Germany (+12.3%) and Spain (+9.0%) posted growth, while Italy (-7.0%), France (-8.2%), the UK (-9.8%) and the Netherlands (-23.7%) saw their markets contract.
New Buses & Coaches over 3.5t
The segment of buses and coaches was the only one to decline in October. Despite growth recorded in Italy (+17.3%), Germany (19.4%) and Spain (+84.6%), the negative results in France (-6.0%) and the UK (-37.5%) led to an overall 5.8% decrease in the EU*. Cumulative figures from January to October showed an 11.8% drop. Italy (+20.1%) was the only major market to expand as downturn prevailed elsewhere, ranging from -6.1% in Germany to -12.1% in the UK, -14.2% in Spain and -19.0% in France.
* Data for Cyprus and Malta are unavailable
NB: Commencing with the January 2010 new commercial vehicle registrations figures, the ACEA data sheet will provide new vehicle registrations in alphabetical order for the countries of the European Union, and no longer separate for Western-Europe (15) and new EU Member States (10)*. Results for the EFTA countries will continue to be reported separately. The monthly press releases will quote the ‘EU’ figures first, followed by the ‘total Europe’ figures, adding up the EU and EFTA figures.
- 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
- 12.7 million Europeans work in the auto industry (directly and indirectly), accounting for 6.6% of all EU jobs.
- 11.5% 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 €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.