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Europe’s commercial vehicle sales increase further in Oct

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/11/2015 (10:16)
According to data from the European Automobile Manufacturers’ Association (ACEA), commercial vehicle sales in the European Union (EU) increased for a tenth consecutive month in October. New commercial vehicle registrations rose 6.6% to 189,092 units in October. In the first ten months of the year, meanwhile, commercial vehicle sales in the EU rose 11.6% to 1,706,662 units.

The data showed that sales for new heavy trucks were up 5.5% in October to 28,245 units while sales for light commercial vehicles rose 7.3% on the year to reach 150,984 units. New bus and coach sales also increased 15.9% to reach 3,259 units while new truck sales were up 3% on an annual basis in October.

Among the largest European markets, Spain (+22.9%) posted double digit growth in October and was followed by Italy (+7.6%), Germany (+6.7%) and France (+3.9%) among the top performing countries. Meanwhile, during the January-October period, Spain (+36.5%), the UK (+16.6%), Italy (+9.8%), Germany (+2.7%) and France (+2.1%) all posted growth from a year earlier.
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