In October this year, new commercial vehicle registrations increased by 10.8 percent year on year in the European Union, totaling 176,913 units, registering growth for the fourteenth consecutive month, according to the European Automobile Manufacturers' Association (ACEA). The month counted on average the same number of working days across the region compared to the same month of the previous year. Looking at the major markets,
Spain (+41.2 percent), the UK (+27.1 percent) and Italy (+16.3 percent) and Germany (+9.6 percent) posted increases, while new commercial vehicle registrations in France decreased by 6.4 percent, all on year-on-year basis.
In the first 10 months of the current year, demand for new commercial vehicles in the EU was up 9.8 percent year on year, with 1,529,508 new registrations.
Spain (+41.2 percent), the UK (+27.1 percent), Italy (+16.3 percent) and Germany (+9.6 percent) recorded increases, however France saw 0.4 percent of decrease in commercial vehicle registrations compared to the same period last year.