EU truck sales continued to decline into October
ERJ staff report (DS)
Brussels -- In October, demand for new commercial vehicles were down by 9.4 percent in the EU, compared to October last year, amounting to 147,211 units. All major markets shrank. Ten months into the year, contraction also prevailed across all significant markets, leading to an overall 10.6 percent downturn in the region.
In October, new van (up to 3.5 tonnes) registrations amounted to 118,723 units, or 9.7 percent less than in October 2011. From January to October, the EU registered 1,159,579 new vans, or 11.5 percent less than in the same period a year earlier.
In October, the EU totaled 20,294 new heavy trucks (over 16 tonnes), or 5.6 percent less than in the same month last year. From January to October, among the most significant markets, the UK was the only one to perform better than in the first ten months of last year (+3.8 percent).
October results in the segment of trucks (between 3.5t and 16t) fell by 5.3 percent compared to October last year, with a total of 26,354 new registrations. In the first ten months of the year, 243,457 new trucks were registered, or 7.1 percent less than in the same period in 2011..
Registrations of new buses and coaches in October recorded the sharpest fall across segments (-30.4 percent), totaling 2,134 units. From January to October, results were diverse as the German market remained stable (+0.8 percent), while the UK expanded by 42.4 percent and France (-13.2 percent), Italy (-30.8 percent) and Spain (-36.6 percent) saw their demand decline. Overall, new bus and coach registrations slipped by 0.3 percent, amounting to 26,251 vehicles.
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Press release from ACEA