European commercial vehicle registrations down 2.4 percent in October

Friday, 25 November 2016 13:34:46 (GMT+3)   |   Istanbul
       

In October this year, new commercial vehicle registrations in the European Union (EU) decreased by 2.4 percent year on year to 185,055 units, breaking a 21-month trend of consecutive year-on-year growth, according to the European Automobile Manufacturers' Association (ACEA). 
 
The decline affected all major markets, except for Italy, in October of the current year.  In October, the Italian market  posted a double digit increase (+47.9%), while Germany (-15.0%), the UK (-6.4%), Spain (-5.7%) and France (-5.6%) saw registrations decline compared to October 2015.
 
In the first ten months of this year, new commercial vehicle registrations in the EU totaled about 1.9 million units, up 11.6 percent on year-on-year basis. Italy (+41.1 percent), Spain (+10.8 percent), France (+8.3 percent), Germany (+8.1 percent) and the UK (+2.1 percent) recorded increases, all year on year.

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