ERJ staff report (DS)
Brussels - Demand for new commercial vehicles was up 8.4 percent in the EU in November, with 171,670 new registrations. The positive results were mainly supported by France (+9.9 percent), Germany (+13.9 percent) and the UK (+19.4 percent). Spain was the only major market to face a downturn (-14.6 percent). From January to November, the EU market expanded by 10.5 percent, recording 1,769,994 new vehicles. While Germany (+18.9 percent) and the UK (+18.0 percent) performed similarly, France posted a 5.9 percent growth and the Spanish market contracted by 5.9 percent compared to the same period a year ago.
November results for heavy trucks showed a 14.5 percent upturn, the strongest across segments. The EU registered 20,673 new trucks in the month. Growth prevailed in all major markets, ranging from 5.2 percent in Spain to 12.4 percent in France, 13.4 percent in Germany and 24.3 percent in the UK. From January to November, demand for new heavy trucks was up 37.5 percent.
The truck segment expanded by 10.2 percent in November, with a total of 27,243 new vehicles registered in the EU. All markets saw positive results, from 3.9 percent in Germany to 5.1 percent in Spain, 14.6 percent in France and 21.1 percent in the UK. In the first eleven months of 2011, strong performances in the major markets led to an overall 29.9 percent upturn in the region.
In November, the segment of vans saw registrations increase by 8.5 percent, totaling 141,800 units. France (+9.8 percent), the UK (+18.6 percent) and Germany (+18.8 percent) all performed better than in the same month last year. Spain, on the other hand, experienced a double-digit decline. Eleven months into year, 1,450,542 new vans were registered in the EU, or 7.6 percent more than in the same period of 2010.
Buses and coaches were the only segment to face a downturn in November, declining by 11.4 percent. As Spain (-14.8 percent), Germany (-16.9 percent) and France (-23.2 percent) performed less well than in the same month last year, the UK proved to be an exception with its positive result (+43.8 percent). Over eleven months, performances were diverse across the EU, leading to a 1.0 percent drop in new registrations. Spain (+11.5 percent) and France (+16.6 percent) posted double-digit growths, while Germany (-5.3 percent) and the UK (-17.4 percent) fared less well.
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Press release from ACEA