Commercial vehicles: market boom unbroken throughout the year
Brussels, 20/12/2007 – Up until November 2007, demand for new commercial vehicles in Europe was 7.2% higher compared to January-November last year. All commercial vehicle categories positively contributed to this result.
Eleven months into 2007, new registrations of vans rose by 7.7%, of trucks over 3.5 tonnes by 5.3% and of buses & coaches by 1.6%. In November, the robust and unbroken trend in demand continued with 5.4% more vans, 14.9% more trucks over 3.5 tonnes and 23.9% more buses & coaches registered in Europe, compared to November 2006.
New Light Commercial Vehicles up to 3.5t (vans)
In total 204,298 vans were registered in Europe (EU25+EFTA) in November, 5.4% more than last year. Western Europe reported a 3.4% rise and registrations in the new EU member states climbed by 32.5%. Apart from Spain (–9.5%), all the main markets posted growths. Germany and Italy reported the highest increases (+17.9% and 11.4%, respectively) and were followed by the UK (+4.5%) and France (+2.6%). Registrations rose in the majority of the remaining EU15 countries, the most dynamic markets being Luxembourg (+61.9%), Sweden (+26.7%) and the Netherlands (+19.8%). All new member states posted two-digit growths with Latvia (+54.6%), Poland (+47.4%) and Lithuania (+46.3%) leading the way. The unbroken upward trend in van registrations in Europe resulted in 7.7% higher cumulative figures. Western Europe and the new EU member states outperformed their last year’s registrations by 6.4% and 25.4%, respectively. With the exception of Denmark (–9.3 %), all other markets improved their results.
New Heavy Commercial Vehicles over 16t (excluding Buses & Coaches)
New heavy truck registrations went up by 16.4% in November 2007, as compared to the last year’s result which was mitigated by purchases ahead of the introduction of the Euro IV legislation in October 2006. Registrations in the new member states increased by +30.5% and in Western Europe by +14.5%. Of the main markets, the UK remained on a strong upward path (+40.9%), followed by France (+27.7%), Italy (+12.8%), Germany (+7.1%) and Spain (+4.2%). The growth in the new member states was mainly driven by dynamic registrations in Lithuania (+57.1%), Slovakia (+56.9%) and Poland (+34.8%). Eleven months into 2007, the new heavy truck market in Europe was up by 7.9% thanks to a strong rise in the new member states (+49.2%) and further improvement in West European figures (+3.3%).
New Commercial Vehicles over 3.5t (excluding Buses & Coaches)
With 38,549 vehicles registered in November, the European truck market (over 3.5 tonnes) went up by 14.9%. Compared to November last year, there were 13.8% more new trucks registered in Western Europe and 24.2% in the new member states. All main EU markets positively contributed to the overall result, with increases ranging from +40.7% in the UK to +2.5% in Spain. Six out of ten remaining EU15 markets also saw their registrations rise. The new member states, with the exception of the Czech Republic (-1.7%) and Estonia (-9.4%) have all posted twodigit growths. Between January and November 2007 new truck registrations in Europe continued to boom (+5.3%), mainly helped by growth on the German (+6%), Spanish (+9.2%) and new EU member state markets (+39.6%).
New Buses & Coaches over 3.5t
New bus and coach November registrations in Europe jumped by 23.9%. Western Europe posted a substantial growth (+25.6%) and registrations in the new member states went slightly up (+4.4%). Helped by the overall good November result, the strongly negative trend in the European cumulative figures has been reversed (+1.6%).
- 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.
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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.