PZPM - ACEA - EU - LCV, CV , BUS Registrations in October 2022

Commercial vehicle registrations: -16.8% ten months into 2022; -8.5% in October

In October 2022 , the EU market for new commercial vehicles continued to struggle, declining for the sixteenth month in a row (-8.5%). This was due to the drop in new van registrations, which account for the vast majority of total commercial vehicle sales. By contrast, the truck and bus segments performed better than in October 2021. Looking at the region’s four largest markets, Germany saw the sharpest decline in total commercial vehicle sales (-12.4%), followed by France and Italy with more modest losses (-5.3% and -3.9% respectively). Spain, on the other hand, managed to post a slight increase (+1.2%).
Ten months into the year , registrations of new commercial vehicles across the European Union contracted by 16.8% to 1.3 million units. The region’s overall performance was dampened by the weak results of its four key markets, all facing double-digit declines: Spain (-20.9%), France (-19.1%), Germany (-15.4%) and Italy (-10.4%).

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