European commercial vehicle registrations up 3.2 percent in 2018

Thursday, 24 January 2019 17:43:38 (GMT+3)   |   Istanbul

In December last year, new commercial vehicle registrations in the European Union (EU) declined by four percent year on year to 198,537 units, according to the European Automobile Manufacturers' Association (ACEA).

In December, both Spain (+6.7%) and France (+1.9%) posted growth, while registrations of new commercial vehicles fell in Italy (-12.1%), the United Kingdom (-9.5%) and Germany (-4.4%).

In 2018, new commercial vehicle registrations in the EU totaled almost 2.48 million units, up 3.2 percent on year-on-year basis, representing the highest volume on record since 2007.  Demand declined in Italy (-4.1%) and the UK (-1.9%), but the Spanish (+6.5%), French (+4.9%) and German (+4.6%) markets performed very well in 2018.

Most Recent Related Articles

Euro area GDP down 12.1 percent in Q2 from Q1

Spanish Competition Authority launches steel cartel probe

European commercial vehicle registrations down 33.7 percent in H1

EU new passenger car registrations down 38.1 percent in H1

EU rebar import quota for Turkey almost used up