European commercial vehicle registrations up 3.8 percent in January-November

Tuesday, 25 December 2018 14:20:20 (GMT+3)   |   Istanbul
       

In November this year, new commercial vehicle registrations in the European Union (EU) rose by 2.7 percent year on year to 217,473 units, though at a slower pace than October, according to the European Automobile Manufacturers' Association (ACEA).

In November, among major EU markets The UK saw the biggest uplift (+6.8%), followed by Germany (+6.6%) and France (+3.0%). By contrast, demand contracted in Spain and Italy (down 5.9% and 7.2% respectively) in November.

In the first eleven months of this year, new commercial vehicle registrations in the EU totaled almost 2.3 million units, up 3.8 percent on year-on-year basis.  Registrations contracted in Italy (-2.8%) and the United Kingdom (-1.3%), but the Spanish (+6.5%), German (5.5%) and French (+5.2%) markets all performed well so far this year.


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