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May 1, 2016

TRUCKS' MARKET * Europe: A spectacular March for trucking

* Brussels - New commercial vehicles in the EU increased for the 15th month in a row


--- Oliver Dixon said: "ACEA has released data for March European and EFTA truck registrations. Total Europe and EFTA markets continued to expand in what became the fifteenth consecutive month of year-on-year growth, meaning that the current period is the most positive for truck registrations since 2011/12" ... Demand for new commercial vehicles in the EU increased for the 15th month in a row in March, reports the European Automobile Manufacturers Association (ACEA). Across the entire EU, new commercial vehicle registrations of all types rose 8.0 per cent to 242,049 units. Generally speaking, the highest rates of growth were recorded in the EU12 countries, where registrations were up an average of 15.9 per cent during the month... During the first quarter of the year the EU market expanded by 12.1 per cent and totalled 563,132 commercial vehicles. The UK market rose 2.2 per cent to 111,854 new registrations. Of this total, 98,906 where in the under 3.5 tonne category, a rise of 1.2 per cent year-on-year, while the over 3.5 tonne category rose 16.1 per cent to 11,217 units, including 8,281 vehicles weighing 16 tonnes and over. Registrations of buses and coaches weighing more than 3.5 tonnes dropped 13.2 per cent to 1,731 units... 
Brussels, Belgium - Automotive World / Tyrepress / ACEA - April 29, 2016

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