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EU commercial vehicle registrations continue growth

Registrations of commercial vehicles in the EU continued to grow in February, with rises seen in all segments.

EU van registrations rose 5.3% for the first two months of the year

The figures from the European Automobile Manufacturers’ Association (ACEA) show that registrations last month were up 4.7% from 173,492 to 181,636 units. All key EU markets except Spain (-3.8%) recorded gains last month, most notably Germany (+15.2%) and France (+7.1%).

Year-to-date registrations were up 5.7% to 382,114 units. Growth was seen in all markets, with Germany up +15.5%, France +7.7%, the UK +6.3%, Spain +2.1% and Italy +1.2%.

For light commercial vehicles, February registrations were up 4.4% to 150,040 units. Germany drove growth (+12.0%), followed by France (+6.4%), Italy (+6.1%) and the UK (+1.8%), while demand contracted in Spain (-3.0%).

For the first two months of 2019, demand for vans was up by 5.3%. The five largest EU markets have all posted gains so far this year: Germany recorded the strongest uplift (+12.6%), followed by France (+7.7%), the UK (+5.8%), Italy (+3.3%) and Spain (+2.2%).

Meanwhile, the positive trend in the truck segment continued, with registrations up by 6.5% compared to February 2018. Three out of five of the largest EU markets contracted, while Germany (+25.9%) and France (+10.1%) provided a crucial boost to the region’s growth.

Year-to-date truck registrations were up 7.4% to 62,632 units. The German (+24.6%) and UK (+16.8%) markets performed very well, although truck registrations declined in Italy (-11.4%).

February 2019 results in the heavy truck segment showed a solid performance, with a 5.2% increase and 23,671 units registered. Demand fell in Italy (-14.0%) and Spain (-10.2%), while Germany (+22.4%) and France (+13.3%) recorded double-digit gains.

From January to February 2019, all EU major markets except Italy (-12.2%) posted growth, with Germany (+24.8%) and the UK (+20.9%) showing the highest increases. This brought the cumulative result up by 7.0% to reach 51,950 heavy trucks registered through the first two months this year.

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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