CV registration results for February announced 30 March 2010

The EU saw a decline in commercial vehicle registrations of 3.1% in February, according to ACEA (the Eurolpean Automobile Manufacturers' Association), with a total of 121,510 units being registered during that period.

However, despite a drop in heavy duty registrations for the month, there was better news in the light commercial vehicle sector, where there was an increase for the first time since April 2008.

Two months into the year, total commercial vehicle registrations were down 7.9% against last year, with less than 245,000 new vehicles registered.

There was, however, growth in Spain, Sweden, Portugal, Italy and Ireland, the latter experiencing a jump of more than a quarter in registrations.

The LCV sector saw an overall improvement of 1.6%, with the biggest gains in Ireland (+73%), the UK (+26.1%), Italy (+25.8%), Spain (+25.4%) and Sweden (+20.8%).

Heavy trucks registered the sharpest drop (-31.4%) recorded in February. Ireland (+8.6%), Poland (+14.8%) and Slovakia (+59.3%) were the only countries to post growth, while the Lithuanian market remained stable.

Germany, although down 24.6%, remained the largest market, registering 2,400 new trucks in the month, followed by France, despite being down 42.6%. All other significant European markets for trucks were also down, from -7.4% in Spain to -10.5% in Italy, -44.1% in the UK, -45.1% in the Netherlands and -49.1% in Belgium.

Author
Brian Tinham

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