Germany's commercial vehicle output down eight percent in November

Friday, 09 December 2016 15:37:22 (GMT+3)   |   Istanbul
       

In November this year, commercial vehicle registrations in the German market totaled 33,003 units, up 17.8 percent month on month and increasing by two percent year on year, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in the first eleven months of this year, Germany's commercial vehicle registrations increased by seven percent year on year, totaling 325,800 units.
 
According to the VDA, in November this year 28,920 commercial vehicles rolled off production lines in Germany, which represents a month-on-month increase of 6.7 percent and a year-on-year decline of eight percent. German commercial vehicle output in the January-November period of the current year amounted to 292,200 units, declining three percent compared to the same period last year.
 
In the given month, a total of 22,120 commercial vehicles were exported from Germany, up by 11.4 percent month on month and decreasing by five percent compared to November last year. In the first eleven months of the current year, German commercial vehicle exports amounted to 220,200 units, declining by two percent on year-on-year basis.

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