European Commercial Vehicle Registrations Rose 8.2% in January

New commercial vehicle registrations in Europe increased again in January, driven mostly by the light commercial vehicle segment.

European Automobile Manufacturers Association (ACEA)

In January 2017, the EU market for new commercial vehicles grew again, in line with its positive performance in 2016. Demand increased (+8.2%) in the first month of the year, totaling 173,614 units, and was mostly driven by the light commercial vehicle segment. 

Total new commercial vehicles

The EU’s five largest markets all posted gains in January, with Spain (+23.8%), Italy (+11.4%) and France (+10.3%) recording the highest growth rates.

New light commercial vehicles (LCV) up to 3.5 tonnes

In January 2017, new registrations of vans totaled 142,864 units, 9.3% more than in January 2016. All major markets contributed positively to this upturn. Spain (+31.5%) and France (+10.3%) posted double‐digit gains, followed by Germany (+5.8%), Italy (+5.0%) and the United Kingdom (+1.2%).

New heavy commercial vehicles (HCV) over 16 tonnes

January 2017 results show a modest, yet positive, uplift in the heavy truck segment (+3.9%), with 23,195 new vehicles registered. Most of the major EU markets contributed to this growth, especially Italy (+54.5%), France (+12.0%) and the UK (+8.8%), although the Spanish (-10.0%) and German (-5.9%) markets faced a downturn.

New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes

In January 2017, trucks registrations were similar to the heavy truck segment, with three of the five largest EU markets posting growth over the month. Overall, 27,885 new trucks were registered in the European Union, 3.6% more than in January 2016.

New medium and heavy buses & coaches (MHBC) over 3.5 tonnes  

January 2017 results of the bus and coach segment were diverse. France (‐17.2%) and Spain (-9.4%) saw demand fall, while Italy (+46.9%) and Germany (+13.5%) posted double‐digit growth. Overall, new bus and coach registrations grew modestly (+2.9%) across the region.