Commercial vehicle registration up 20% in Jan

ERJ staff report (LMH)

Brussels -- Registration of new commercial vehicles in the EU increased by 20 percent in Jan 2011 compared to the same month last year, the European Automobile Manufacturers Association (ACEA) has said in a 25 Feb statement.

The total number of new registrations was about 150 000 units, the association said.

All countries posted growth, including the major markets, according to the statement. The UK and Germany saw considerable expansion, 48.6 percent and 40.6 percent respectively, while the French market grew by 12.2 percent.

ACEA noted that the EU market for light commercial vehicles increased by 15.3 percent, with major growth in the UK (48.6 percent), Germany (34.5 percent) and Slovakia (64.2 percent). Portugal, Spain, Ireland and the Czech Republic all noted a downturn in registrations.

The heavy trucks segment showed the strongest overall EU increase of 64.6 percent, with UK demand jumping by 144.3 percent. Greece was the only market to contract (-63.2 percent).

Bus and coach registrations were up 17 percent in the EU market. The UK was the only market to perform less well in 2010 than in 2009, while the French, German and Spanish markets all expanded, ACEA said.

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Press release from ACEA