European new commercial vehicle market shrinks 3.05 percent in February

Friday, 26 March 2010 15:41:08 (GMT+3)   |  
       

In February this year, new commercial vehicle registrations in European Union member states (EU-27) declined by 3.05 percent compared to February 2009, amounting to 121,510 units, while a drop of 1.63 percent was registered as compared to the previous month. While heavy duty registrations continued to decline (-31.4 percent year on year), light commercial vehicle registrations increased (+1.64 percent) for the first time since April 2008.

In the first two months of 2010, total commercial vehicle registrations were down 7.9 percent, with less than 245,000 new vehicles registered. Spain (7.4 percent), Sweden (8.7 percent), Portugal (10.8 percent), Italy (14.9 percent) and Ireland (26.1 percent) were the only countries to post growth.

New commercial vehicle registrations in major European markets in February 2010 are as follows:

February 2010

February 2009

Year on year change (%)

Austria

2,015

2,164

-6.9

Belgium

4,811

5,740

-16.2

France

33,646

35,176

-4.3

Germany

16,411

16,935

-3.1

Italy

18,982

15,658

21.2

Netherlands

4,832

6,480

-25.4

Poland

3,691

4,608

-19.9

Portugal

3,326

3,058

8.8

Spain

10,866

9,025

20.4

Sweden

2,863

2,549

12.3

United Kingdom

10,655

9,719

9.6

European Union

121,510

125,334

-3.05


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