EU new CV market rises for 10th month in a row

Figures from European motoring organisation ACEA reveal that, in June, the EU market of new commercial vehicles expanded for the tenth consecutive month. Demand increased by 10.3 per cent, totalling 166,107 units. Growth prevailed in the van segment, as well as that of buses and coaches, while the truck segment declined. All major markets expanded, from 3.8 per cent in France to 6.5 per cent in Germany, 8.6 per cent in Italy, 18.9 per cent in Spain and 25.5 per cent in the UK.

From January to June, 912,722 new vehicles were registered, or 9.3 per cent more than in the same period last year. Looking at the largest markets, France remained stable (+0.4 per cent), while Germany expanded by 8.3 per cent. The UK (+11.1 per cent), Italy (+13.6 per cent) and Spain (+38.0 per cent) posted double-digit growths.