Demand for new commercial vehicles in the EU increased 31.8% in August thanks to a strong uplift in the van segment, marking the 20th consecutive month of growth, according to the European Automobile Manufacturers' Association (ACEA).
Growth was sustained across all major markets, especially in Italy (+105.9%), Germany (+42.6%), Spain (+19.5%), and France (+16.8%). Overall, 150,425 new commercial vehicles were registered in the EU.
Over the first eight months of 2016, the EU market expanded by 14.3%, totalling about 1.5 million commercial vehicles. During that period, Italy (+39.4%), Spain (+12.9%), Germany (+12.1%), France (+11.8%) and the UK (+2.7%) all posted growth.
New heavy commercial vehicles (HCV) over 16 tonnes
August 2016 results show a double-digit increase in registrations of new heavy trucks (+18.0%), which totalled 18,307 units. Italy (+58.1%) and Spain (+25.3%) largely contributed to this growth, followed by France (+17.4%), Germany (+13.7%) and the United Kingdom (+2.4%).
Eight months into the year, the EU market continued to grow (+15.7%), reaching a total of 189,462 heavy trucks registered. Italy (+37.8%), France (+17.0%), Spain (+8.7%), Germany (+8.3%) and the UK (+4.2%) all saw demand increase, contributing to the overall upturn of the EU market over the period.
New medium and heavy commercial vehicles (MHCV) over 3.5 tonnes
In August 2016, new trucks registered in the European Union were up again after the decline observed in July. Overall, 23,529 new trucks were registered, 18.5% more compare to August last year. Among the major markets results for trucks were similar to the heavy truck segment, with Italy (+62.2%), Spain (+21.5%), France (+21.3%) and Germany (+17.5%) all posting double-digit percentage gains.
From January to August 2016, all major markets posted growth. Italy (+36.1%), France (+16.2%) and Spain (+12.4%) made a particularly significant contribution to overall growth. In total, 234,070 new trucks (+14.3%) were registered in the EU.
New light commercial vehicles (LCV) up to 3.5 tonnes
In August 2016, registrations of new vans totalled 123,594 units, up (+35.8%) compared to August 2015. This marked the 36th consecutive month of growth in the segment. Demand was mainly driven by the Italian (+117.8%) and German markets (+53.8%), followed by Spain (+18.5%) and France (+17.4%). The UK market also grew (+6.3%) last month, after seeing a slight decline in July.
From January to August 2016, 1,237,236 new light commercial vehicles were registered in the EU (+14.5%). Italy (+40.8%), Germany (+13.8%), Spain (+13.1%), France (+11.6%) and the UK (+2.9%) all contributed to the positive upturn over the first eight months of this year.
New medium and heavy buses & coaches (MHBC) over 3.5 tonnes
In August 2016, new bus and coach registrations remained stable (-0.7%) compared to August 2015, totalling 3,302 units. This marks the third consecutive month of decline after June and July 2016. Spain (+165.1%) posted the highest upturn, followed by Italy (+9.0%) and Germany (+7.1%), while the UK (-11.0%) and France (-0.1%) performed less well than in August 2015.
Over the first eight months of 2016, the EU market for buses and coaches showed modest growth (+1.0%), totalling 24,809 new vehicles. Demand was primarily driven by Germany (+14.5%) and Spain (+10.3%), while the UK (-6.8%), Italy (-5.5%) and France (-2.4%) saw demand decline over this period.