Germany's commercial vehicle output up eight percent in May

Tuesday, 07 June 2016 17:32:59 (GMT+3)   |   Istanbul
       

In May this year, commercial vehicle registrations in the German market totaled 28,180 units, down 11.7 percent month on month and increasing by 11 percent year on year, according to the data released by the German Association of the Automotive Industry (VDA). Meanwhile, in the first five months of this year, Germany's commercial vehicle registrations increased by 10 percent year on year, totaling 141,810 units.
 
According to the VDA, in May this year 26,350 commercial vehicles rolled off production lines in Germany, which represents a month-on-month decrease of 7.8 percent and a year-on-year growth of eight percent. German commercial vehicle output in the January-May period of the current year amounted to 135,750 units, remaining stable compared to the same period last year.
 
In the given month, a total of 18,680 commercial vehicles were exported from Germany, down by 13.6 percent month on month and increasing by four percent compared to May last year. In the first five months of the current year, German commercial vehicle exports amounted to 102,020 units, up by one percent on year-on-year basis.

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