Germany's commercial vehicle output down three percent in 2016

Tuesday, 10 January 2017 17:24:17 (GMT+3)   |   Istanbul
       

In December last year, commercial vehicle registrations in the German market totaled 31,450 units, down 4.8 percent month on month and increasing by three percent year on year, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in 2016, Germany's commercial vehicle registrations increased by seven percent year on year, totaling 375,300 units.
 
According to the VDA, in December last year 23,490 commercial vehicles rolled off production lines in Germany, which represents a month-on-month decrease of 18.8 percent and a year-on-year rise of four percent. German commercial vehicle output in 2016 amounted to 315,700 units, declining three percent compared to 2015.
 
In the given month, a total of 19,690 commercial vehicles were exported from Germany, down by 11 percent month on month and increasing by eight percent compared to December 2015. In 2016, German commercial vehicle exports amounted to 239,900 units, declining by two percent on year-on-year basis.

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