PZPM - ACEA - EU - LCV, CV , BUS REGISTRATIONS - December 2020

Commercial vehicle registrations: ‐18,9% in 2020; -4,2% in December

We present the ACEA report on registration of new commercial vehicles in the EU*

Overview of current registrations

In December 2020, new commercial vehicle registrations in the European Union slid back by 4.2% to 170,122 units. This reflects the slowdown in demand for vans, which accounted for over 85% of all registrations, as the heavy‐truck and bus segments actually performed better than the year before. Mixed results were posted in the key EU markets last month. Registrations increased in Germany (+4.7%) and Spain (+2.3%), while the Italian (‐9.4%) and French (‐2.1%) markets contracted.

Overall in 2020, the EU commercial vehicle market shrank by 18.9% to reach 1.7 million units. Despite positive results in September and November, the impact of the COVID lockdowns during the first half of the year continued to weigh on the full‐year performance. All EU markets posted double‐digit declines in 2020, with the exception of Denmark. Of the four major markets Spain was the hardest
hit (‐26.1%), followed by France (‐16.9%), Italy (‐15.1%) and Germany (‐14.8%).

 

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