Truck demand warms up in Europe

June 26, 2015

Truck sales in Europe increased for the fifth straight month, according to the European Automobile Manufacturers Association (ACEA).

May was up 6% for the European Union as a whole, but the results varied widely by country.  Germany (-9.1%) and France (-5.6%) were down, while Spain (+30.1%) and the UK (+17.4%) posted double‐digit growth.

Through the first five months of 2015, the EU market expanded 11.6%.  Sales totaled 832,782 commercial vehicles for the period.  Spain (+34.1%), the UK (+22.6%) Italy (+7.5%) and Germany (+3.4%) all posted growth, while France recorded a slight decline (-1.0%).