Commercial vehicle registrations down in February

On 27 March the European Automobile Manufacturers’ Association, or ACEA, released its figures for commercial vehicle registrations during the month of February. These show demand for new commercial vehicles to be weaker in all major markets, with EU registrations declining 11.3 per cent year-on-year. The major market downturn ranged from 3.2 per cent in France to 29.9 per cent in Italy; the UK experienced a 16.6 per cent decline in total new commercial vehicle registrations. In total, 126,010 new commercial vehicles were registered in the European Union during February 2012, while UK registrations came to 11,102.