European Truck sales remain strong in Europe
Brussels, Belgium -†Sales of trucks remain strong in Europe, helped mainly by booming growth in all sectors throughout the new member States. ACEA, the European federation of vehicle manufacturers has just release figures for new truck and bus registrations in Europe for the months of July and August.
The figures show strong growth in heavy (over 16 tonnes) truck in both months. For the first eight month of 2007, registrations increased by 7.6 percent compared to the same period last year, due mainly to excellent growth (+56.9 percent) in the new member states. A drop in the UK market (-25.1%) and almost unchanged French (-0.3%) and Italian (-0.4%) registrations, did not dampen the upward trend in Western Europe where sales overall grew by 2.6%. Spain (+15.9%), Germany (+6.1%) and the majority of other countries posted increases.
Light truck registrations also grew by 7.7 percent in the eight months to August, and followed a similar pattern, with registrations in the new member states growing by 24,5 percent, and registrations in Western Europe increasing by 6.5 percent.
In mid-sized trucks, the new member states showed growth of over 47 percent in the first eight months, while western Europe turned the downtrend of the first six months into a slight (1.2 percent) increase over the eight month period. Overall, this led to registrations throughout the region growing by 5.3 percent.
Only in buses and coaches was the picture less happy. The decline in Western Europe slowed, as sales in August recovered, leading to a reduction of 5.6 percent in registrations over the eight month period. This was offset by growth of 3.4 percent in the new member states, however, overall the figures showed a decline of 4.9 percent in registrations for the whole region over the eight month period.
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Press release from ACEA
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