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Europe’s commercial vehicle sales rise for 14th month in Oct

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/11/2014 (11:30)
Commercial vehicle sales in the European Union increased for a fourteenth consecutive month in October, according to data from the European Automobile Manufacturers’ Association (ACEA). New commercial vehicle registrations were up 10.8% year on year to reach 176,913 units in October.

In the January-October period of the year, new commercial vehicle registrations in the EU grew 9.8% when compared to the same period of the previous year to reach 1,393,551 units.

Four of Europe’s five largest markets recorded monthly increases in commercial car sales, with sales rising 41.2% in Spain, 27.1% in the UK and 16.3% in Italy. In the first ten months of the year, meanwhile, the UK (13.9%), Italy (17.0%) and Spain (33.5%) all posted double‐digit growth.
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