In June 2020, demand for new commercial vehicles across the EU remained weak (-20.3%) according to ACEA, although the rate of decline slowed compared to April and May.
Total new commercial vehicles
In June 2020, demand for new commercial vehicle across the EU remained weak (-20.3%), although the rate of decline slowed compared to April and May, the latest official figures form ACEA showed. The drop was less pronounced in the van segment, easing the overall result. Three out of the four largest markets in the region posted double-digit percentage declines last month: Germany (-30.5%), Spain (-24.2%) and Italy (-12.8%), while France recorded a modest increase (+2.2%).
Throughout the first half of the year, EU commercial vehicle registrations contracted by 33.7% due the losses recorded in earlier months. Each of the 27 EU markets posted double-digit percentage drops so far this year, including the four major ones: Spain (-44.8%), Italy (-35.4%), France (-32.0%) and Germany (-28.6%).
New light commercial vehicles (LCV) up to 3.5t
Last month, demand for vans declined by 10.4% to 142,799 units. However, this a notable improvement compared to the sharp drop of 41.3% recorded in May. France – the biggest market for light commercial vehicles – made a significant contribution, marking a 7.8% growth in June with 51,849 units registered. On the other hand, Spain (-19.8%) and Germany (-17.7%) still suffered double digit losses, followed by Italy with a more modest decline (-5.3%).
Six months into the year, the EU market for new light commercial vehicles shrank by 31.8%. Among the four major markets, Spain recorded the biggest drop in demand (-45.7%), followed by Italy (-35.9%), France (-31.2%) and Germany (-25.1%).