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Strong van registrations counter Euro-6 truck dip in February

Yesterday the Society of Motor Manufacturers & Traders released its commercial vehicle market registration figures for February 2014, commenting that growth during the month was powered by strength in the van segment. Total commercial vehicle registrations in the UK grew 17.5 per cent in February to 13,320, rolling 15.1 per cent year up to 330,283. A 28.2 per cent year-on-year rise in van registrations to 11,731 registrations boosted the rolling 12 months by 13.8 per cent. The Euro-6-induced dip in truck volumes continued in February but the rate of decline slowed from January’s 37 per cent drop. The 12 months to February remained 22.4 per cent higher.

7th March 2014/by Tyrepress Editors

European CV demand up for 5th consecutive month

Demand for new commercial vehicles within the European Union increased in January for the fifth consecutive month. Total commercial vehicle registrations grew by 4.7 per cent and totalled 132,503 units. Growth was sustained across the van, truck and heavy truck segments, while the market for new buses and coaches contracted. Out of the most significant markets, Spain recorded the highest upturn, with registrations rising 44.9 per cent year-on-year. Italy posted 12.2 per cent growth while demand in the UK rose 5.3 per cent despite a sharp year-on-year decline in truck and heavy truck registrations. Registrations in Germany rose 3.0 per cent. France was the only major market recording a decline, with registrations down 5.1 per cent year-on-year.

26th February 2014/by Tyrepress Editors

November van and truck registrations headed for best year since 2008

Total commercial vehicle registrations were up strongly in November, rising by 22.7 per cent to 28,057 units in the month says the SMMT. The year-to-date CV market is up 10.9 per cent at 294,991 units and on track to top 300,000 units for first time in five years.

5th December 2013/by Tyrepress Editors

September commercial vehicle registrations rise 12.4 per cent

With rises in the number of registrations of buses, coaches and cars in September, the commercial vehicle sector continued the good news, with total CV registrations performing strongly in the month, up 12.4 per cent to 49,197 units. This means the overall commercial vehicle market is up 8.1 per cent for the year-to-date, at 239,356 units.

7th October 2013/by Tyrepress Editors

Economic confidence boosts CV sales

New light commercial vehicle figures released today show overall sales were up 12.4 per cent in September and up 8.1 per cent year-to-date. Van sales increased by 10.3 per cent last month, whilst truck demand rose by 29.7 per cent.

4th October 2013/by Tyrepress Editors

European CV registrations down 10.6 per cent in January

Figures released by ACEA show that new commercial vehicle registrations further declined in January (-10.6 per cent), pursuing a downward trend which prevailed throughout 2012.

28th February 2013/12,345 Comments/by Tyrepress Editors

UK commercial registrations defy European decline

The UK was the only major European market to buck January’s downward trend in new commercial vehicle registrations. According to the ACEA, total commercial vehicle registrations in the UK rose 5.4 per cent to 19,198; total European Union registrations declined 10.6 per cent to 126,110 during the month. The decline in France almost hit double figures, with new registrations decreasing by 9.8 per cent year-on-year to 33,584 units. Other major markets suffered an even stronger downturn; new commercial vehicle registrations in Germany and Spain sank 15.5 per cent year on year to 19,913 and 5,912 respectively, while Italian registrations, at 9,452, were 23.6 per cent lower than in January 2012.

28th February 2013/12,345 Comments/by Tyrepress Editors

CV registrations down in December

December figures for new commercial vehicle registrations show that Europeans just aren’t buying at the moment. According to information supplied by the European Automobile Manufacturers' Association, registrations of light commercial vehicles within the European Union dropped 24.3 per cent year-on-year during the month to 103,254 units, while registrations of commercial vehicles over 3.5 tonnes decreased 22.8 per cent to 19,309 units and heavy trucks (16 tonnes and over) fared little better, decreasing 21.7 per cent year-on-year during the month to 14,267 units. Only bus and coach (over 3.5 tonnes) registrations provided respite from this downward trend, increasing 11.9 per cent year-on-year to 3,262 units in December.

29th January 2013/by Tyrepress Editors

2012 "a tough year" for CV sales – SMMT

Releasing its figures on commercial vehicle registrations for December, the Society of Motor Manufacturers and Traders described 2012 as "a tough year", during which the market dropped by -5.9 per cent to 285,343 units.

8th January 2013/by Tyrepress Editors

November fall for CV registrations

Commercial vehicle registrations fell by 15.9 per cent in November to 22,860 units; year-to-date figures were down 5 per cent to 265,959. Truck registrations declined by 13.7 per cent to 3,885 units in the month, but the rolling year figure is up 12.6 per cent to 46,734 units.

10th December 2012/by Tyrepress Editors

Gloomy October for CV registrations

The SMMT figures for commercial vehicle registrations in October paint a gloomy picture, with year-on-year CV sales down 8.1 per cent to 21,661 units; the rolling year figure is also down 0.9% to 293,312.

Truck registrations dipped to 3,867 units, down 8.1 per cent in the month, but the rolling year figure is up 16.3 per cent to 47,352.

6th November 2012/by Tyrepress Editors

EU CV sales fall for fifth month running

In June, new commercial vehicle registrations dropped for the fifth consecutive month, falling by 5.8 per cent compared to June last year, as a total of 157,232 units were recorded in the EU. Italy (-29.8 per cent) and Spain (-28.7 per cent) faced a double-digit downturn, while France (-0.8 per cent) and the UK (+0.2 per cent) remained relatively stable. Germany was the only major market to post growth (+8.8 per cent).

27th July 2012/by Tyrepress Editors

European CV registrations – the slide continues in May

In May, ACEA figures show that new commercial vehicle registrations continued the downward trend commenced in January, facing the sharpest decrease since 2009 (-17.8 per cent , compared to May 2011). The UK was the only market to post growth in the month (+10.0 per cent ), while Germany (-13.6 per cent ), France (-22.1 per cent), Spain (-27.4 per cent ) and Italy (-42.4 per cent ) all recorded double-digit downturns. From January to May, the EU market shrank by 11.8 per cent, compared to the first five months of 2011.

28th June 2012/by Tyrepress Editors

Western European auto industry heads for 'double-dip'

A report from the global business advisory firm AlixPartners says that, while the global automotive industry overall remains a growth industry, the Western European industry is facing the prospect of its second severe market downturn in recent years.

27th June 2012/by Tyrepress Editors

European car registrations fall again

Figures released by ACEA, the European association of automobile manufacturers, show that, in May, demand for new passenger cars in the EU was down (-8.7 per cent) for the eighth consecutive month. In total, 1,106,845 new cars were recorded in the region. May 2012 counted on average one working day less than May 2011.

15th June 2012/by Tyrepress Editors