In October 2019, EU commercial vehicle registrations declined by 7.3%, following a 10.0% decrease in September according to the European Automobile Manufacturers' Association.
Total new commercial vehicles
In October 2019, EU commercial vehicle registrations declined by 7.3%, following a 10.0% decrease in September. Demand fell in all segments, although the slowdown in van sales – making up more than 80% of EU commercial vehicle demand – had a major impact on the overall results for October. With the exception of Italy (+0.7%) and Spain (+0.9%), the major EU markets posted declines. Germany saw the strongest drop last month (-11.4%), followed by the UK (-9.3%) and France (-2.6%).
Ten months into the year, demand for new commercial vehicles in the European Union remained up from last year (+3.3%), thanks to the results of earlier months. Each of the five biggest EU markets posted gains so far this year: Germany (+8.2%), France (+5.1%), Italy (+4.4%), the United Kingdom (+3.8%) and Spain (+1.4%).
New light commercial vehicles (LCV) up to 3.5t
In October, registrations of light commercial vehicles declined by 5.8% across the EU, the introduction of WLTP for all new vans on 1 September was the primary reason for this drop. As a result, the five major EU markets – except for Italy (+2.0%) – recorded losses last month; the UK (-11.0%) and Germany (-10.1%) in particular.
From January to October 2019, the EU market for new vans expanded by 3.4% to reach almost 1.8 million vehicles registered, despite the declines posted during the last two months. The five major markets performed well over the first ten months of the year: Germany (+8.7%), Italy (+6.4%), France (+5.2%), the United Kingdom (+3.1%) and Spain (+1.5%).