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.