PZPM - ACEA - EU - LCV, CV , BUS REGISTRATIONS
Commercial vehicle registrations: ‐28.2% eight months into 2020; ‐0.9% in July and ‐18.0% in August
In July 2020, commercial vehicle registrations in the European Union saw minimal losses (‐0.9%) compared to previous months, with three of the four largest markets in the region posting growth:Italy (+16.2%), Spain (+2.9%) and France (+1.6%).
Nevertheless, the decline increased again in August, when demand dropped by 18.0% to 126,710 units. All vehicle segments recorded a drop in new registrations and, with the exception of Italy (+2.6%), the major markets saw a contraction in demand last month: Spain (‐23.0%), Germany (‐22.7%) and France (‐3.1%).
Over the first eight months of 2020, demand for new commercial vehicles declined by 28.2% across the EU. Double‐digit percentage drops were recorded by each of the 27 EU markets so far this year, including the four major ones: Spain (‐36.5%), Italy (‐26.1%), France (‐25.7%) and Germany (‐25.1%).
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