EU truck sales continued to decline into October

ERJ staff report (DS)

Brussels — In October, demand for new commercial vehicles were down by 9.4 percent in the EU, compared to October last year, amounting to 147,211 units. All major markets shrank. Ten months into the year, contraction also prevailed across all significant markets, leading to an overall 10.6 percent downturn in the region.

In October, new van (up to 3.5 tonnes) registrations amounted to 118,723 units, or 9.7 percent less than in October 2011. From January to October, the EU registered 1,159,579 new…

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