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European commercial vehicle registrations increase further in May

by ChemOrbis Editorial Team - content@chemorbis.com
  • 23/06/2016 (16:58)
According to media reports, commercial vehicle registration in Europe increased for the seventeenth consecutive month in May. A total of 187,134 commercial vehicles were registered last month with a rise of 16.4%.

Reports show that the commercial vehicle registrations increased by 35.9% in Italy, by 27.2% in France, and by 17.3% in Spain. Italy saw the highest spike among the other EU countries in May.

New light commercial vehicles registrations rose by 17.7%, totaling 155,397 units compared to the same month of the last year while the heavy truck registrations posted a 11.7% rise reaching 23,052 new units and new buses and coaches registrations increased 2.6%, to 3,075 units from May 2015. Meanwhile, new truck registrations climbed 11.2% to 28,662 in May compared to the same month of 2015.

In the January-May period, the EU market increased 13.5% year on year to 946,128 units. During the first five months of the year, commercial vehicle markets posted the following growth rates; Italy (+30.6%), Spain (+13.9%), France (+13.1%), Germany (+10.2%), and the UK (+3.8%).
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