ERJ staff report (BC)
Brussels – Demand for new commercial vehicles in February was down for the fourteenth consecutive month in the European Union, reports the European Automobile Manufacturers Association (ACEA) in its monthly statistical digest. The decline affected all vehicle segments similarly. France (-12.3 percent), Germany (-14.4 percent), Spain (-19.5 percent) and Italy (-31.3 percent) all faced a downturn. The UK, thanks to positive results in the van segment, was the only one to post growth (+4.2 percent). In total, 109 331 new vehicles were registered in the month.
In the first two months of the year, the UK market expanded by 4.9 percent, while the French (-11.1 percent), German (-15.0 percent), Spanish (-17.6 percent) and Italian (-27.3 percent) contracted significantly, leading to an overall 11.9 percent decline and 235 459 new registrations.
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