EU Commercial Vehicle Registrations Rose 13.3% in September 2020

ACEA reports commercial vehicle registrations were up in September, but down 24.5% nine months into 2020.

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In September 2020, demand for commercial vehicles (CV) in the European Union improved markedly. Registrations across the EU increased by 13.3% to 163,512 units last month according to data from the European Automobile Manufacturers Association (ACEA). 

This growth was largely driven by the van segment, which accounted for over 84% of all CV registrations. The region’s four largest markets all recorded positive results, with Italy (+17.8%), Germany (+17.6%) and France (+15.1%) posting double-digit gains in September. In Spain registrations grew by 6.6%. 

Nine months into the year, the EU market for new commercial vehicles contracted by 24.5%, totaling 1,206,259 units. Despite last month’s gains, the economic fallout of the COVID-19 pandemic continues to weigh on overall demand so far this year. Indeed, from January to September 2020 each of the 27 EU markets posted double-digit declines, including the four major ones: Spain (-33.0%), Italy (-21.7%), France (-21.6%) and Germany (-21.4%).

Acea Eucv Registrations Sept2020ACEA

New light commercial vehicles (LCV) up to 3.5t

Last month, the EU van market posted growth for the first time in 2020. Compared to September 2019, 15.7% more light commercial vehicles were registered, counting 137,735 new vans in total. Among the major markets, Germany (+20.1%) and Italy (+18.7%) saw the highest percentage increases, followed by France (+16.7%) and Spain (+7.3%).

So far in 2020, registrations of new vans in the European Union declined by 22.8%. Looking at the four largest EU markets, Spain posted the strongest drop in demand (-33.5%) again, followed by Italy (-21.7%), France (-20.6%) and Germany (-18.6%).

New heavy commercial vehicles (HCV) of 16t and over

September registrations of new heavy trucks dropped slightly (-1.7%), with 18,788 units sold across the EU. With the exception of France (-5.4%) the major markets performed well, Italy (+33.6%) and Spain (+11.9%) in particular. By contrast, the Central European markets continued to struggle (-10.0%) last month.

From January to September 2020, 140,159 heavy trucks were registered in the European Union, a decline of 34.9% compared to the same period the year before. All 27 EU markets recorded double-digit percentage drops so far this year, including Germany (-33.5%), France (-32.3%), Spain (-26.5%) and Italy (-20.2%).

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

In September 2020, demand for new trucks increased modestly (+2.7%), largely sustained by the medium-duty truck segment. The four largest EU markets contributed positively to this result. Italy saw the highest percentage growth (+34.4%), followed by Spain (+13.6%), Germany (+6.6%) and France (+0.7%).

Over the first nine months of the year, 175,857 new trucks were registered in total in the EU, down 32.6% compared to the same period in 2019. The big truck markets were hit by significant contractions in demand so far in 2020: Germany (-30.6%), France (-30.5%), Spain (-25.7%) and Italy (-19.8%).

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

Last month, registrations of buses and coaches fell by 4.5% across the European Union. Mixed results were seen among the major markets: Italy (-49.7%) and Spain (-41.3%) posted strong losses, while France (+14.9%) and Germany in particular (+77.7%) showed significant gains.

Nine months into 2020, EU demand for buses and coaches dropped by 26.5%, counting 20,426 new registrations in total. Spain (-45.7%) and Italy (-32.1%) continued to post significant declines, with the downturn easing in France (-14.0%) and Germany (-5.7%).