European CV Registrations Down 10% in January

New European commercial vehicle registrations declined in January (-10.6%), according to the European Automobile Manufacturers' Association.

Of all most significant markets, the UK was the only one to post growth (+5.4%). France (-9.8%), Germany (-15.5%), Spain (-15.5%) and Italy (-23.6%) saw their markets shrink. In total, 126,110 vehicles were registered in the EU.

New Heavy Commercial Vehicles over 16t (excluding Buses & Coaches) – "heavy trucks"

Demand for new heavy trucks declined the most sharply across segments in January (-18.4%), totaling 15,510 vehicles. All major markets contracted, from -9.3% in Italy to -11.1% in Spain, -15.4% in France and -22.0% in Germany and the UK.

New Commercial Vehicles over 3.5t (excluding Buses & Coaches) – "trucks"

January results in the segment of trucks were also negative (-17.2%), reflecting the general downturn across most markets. All significant ones recorded a double-digit decline, ranging from -10.1% in Spain to -14.2% in Italy, -15.1% in France, -19.5% in Germany and -21.2% in the UK. In total, 20,306 new trucks were registered in the EU*.

New Light Commercial Vehicles up to 3.5t – "vans"

In January, new van registrations decreased by 9.7%, amounting to 103,129 units. The UK market expanded (+11.9%), while France (-9.3%), Germany (-13.9%), Spain (-18.2%) and Italy (-25.7%) all faced a downturn. France recorded the most vans (29,505 units), followed by the UK (16,049 units) and Germany (14,260 units).

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