Commercial vehicles: registrations up 16.8% in February
Brussels, 29/03/2011 – In February, new commercial vehicle registrations amounted to 141,914 units** in the EU, or 16.8% more* than in the same month last year.
All segments posted growth, except buses and coaches. The month counted on average the same number of working days across the region compared to February 2010. From January to February, new registrations increased by 18.5%, compared with the same period a year ago, totaling 290,695 units. Growth occurred across categories.
New Light Commercial Vehicles up to 3.5t – “vans”
Demand for new vans was up 12.3% in February, with 118,040 vehicles** registered. France recorded the most units and expanded its market by 13.6%, followed by Germany (+32.0%) and the UK (+23.9%). With 9,217 units, Spain saw its market contract by 6.7%. Two months into the year, a total of 240,057 new vans** was registered in the EU*, or 13.8% more** than in the same period last year. France (+11.1%), Germany (+33.2%) and the UK (+37.9%) performed better, while Spain faced a downturn (-7.0%).
New Heavy Commercial Vehicles over 16t (excluding Buses & Coaches) – “heavy trucks”
The segment of heavy trucks posted the strongest growth in February (+74.4%) with 16,397 new registrations**. Among the major markets, the British expanded the most (+152.2%), followed by the German (+78.2%), the French (+67.7%) and the Spanish (+53.8%). From January to February, the EU* recorded 34,574 new heavy trucks, or 70.3% more** than in the first two months of 2010. Germany (+72.1%) registered the most trucks, followed by France (+66.5%), the UK (+147.8%), the Netherlands (+38.5%) and Spain (+51.8%).
New Commercial Vehicles over 3.5t (excluding Buses & Coaches) – “trucks”
February results in the truck segment showed a 53.9% increase** in the EU*, which totaled 21,815 units**. All significant markets posted growth ranging from 40.8% in Spain to 50.9% in the UK, 57.1% in France and 64.1% in Germany. From January to February, new truck registrations were up 53.6%**. Growth prevailed in all major markets as the Netherlands expanded by 33.9%, Spain by 42.9%, the UK by 55.1%, France by 56.0% and Germany by 61.5%.
New Buses & Coaches over 3.5t
The category of buses and coaches was the only one to decline in February. Registrations were down 4.7%** compared to the same month a year ago. Out of the largest markets, only Spain grew (+51.5%). The UK and Germany performed similarly, contracting by 16.6% and 16.9% respectively. France saw its demand for new buses and coaches fall by 40.5%. Two months into the year, the EU* recorded 7.0% more vehicles** than in January-February 2010. While demand was down in the UK (-14.0%) and France (-16.7%), it increased in Germany (+4.7%) and Spain (+78.2%).
* Data for Cyprus and Malta are unavailable
** Due to the unavailability of data from Italy since January 2011, figures reported for that country are an extrapolation made by data provider AAA. They are not actual market figures, hence the possibility of an error margin with regard to the EU totals. Italy usually accounts for 10 to 15% of the EU Commercial Vehicle market.
- 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