European CV registrations fell in January

ERJ staff report (DS)

Brussels - Demand for new commercial vehicles in the EU decreased in January by 4.7 percent compared to the same month last year, amounting to 141,120 units, according to new data from Europe's federation of vehicle makers (ACEA). Germany was the only major market to post growth (+3.1 percent), while France (-1.8 percent), the UK (-8.1 percent), Spain (-21.1 percent) and Italy (-31.2 percent) all contracted. The month counted on average one more working day across the region than January 2011.

In January, new van registrations were down 6.4 percent, totaling 114,164 units. France remained the largest market despite a 2.6 percent drop, followed by Germany which was the only significant market to grow. The UK (-16.4 percent), Spain (-19.8 percent) and Italy (-32.8 percent) faced double-digit downturns.

The segment of heavy trucks expanded in January (+3.9 percent) with 18,949 new registrations in the EU. Results were diverse across countries as the UK posted a strong growth (+35.8 percent), while France grew more moderately (+3.3 percent), Germany slipped by 1.6 percent, and Spain (-12.6 percent) and Italy (-13.5 percent) contracted more significantly.

The EU registered 4.5 percent more trucks in January this year, compared with January 2011, recording 24,538 vehicles in total. Germany was the largest market, although shrinking by 2.3 percent, followed by France (+6.3 percent) and the UK, which posted the strongest growth among the major markets (+48.3 percent). Spain (-16.2 percent) and Italy (-14.6 percent) ranked fourth and fifth.

January saw a 4.5 percent decrease in new bus and coach registrations in the EU. Germany (+18.9 percent), the UK (+24.0 percent) and France (-10.9 percent) recorded the most vehicles, while Italy (-35.2 percent) and Spain (-63.5 percent) contracted sharply.

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Press release from ACEA