EU commercial vehicle registrations: UK still bucks downward trend
ERJ staff report (BC)
Brussels – Statistics from the European Automobile Manufacturers Association (ACEA) show that in March, new commercial vehicle registrations dropped for the fifteenth consecutive month in the European Union (-9.8 percent), totalling 166 402 units. Most markets contracted, including France (-10.2 percent), Germany (-18.5 percent), Spain (-20.2 percent) and Italy (-20.3 percent). The UK was the only major one to post growth (+7.7 percent).
In the first quarter of the year, downturn prevailed across segments, leading to an overall 11.0 percent decrease in the EU. Except the UK (+6.6 percent), all major markets faced a downturn, ranging from -10.7 percent in France, to -16.4 percent in Germany, -18.7 percent in Spain and -25.0 percent in Italy. In total, 401 838 new vehicles were recorded in the first three months of 2013.
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