PZPM - ACEA - EU - LCV, CV , BUS Registrations in November
Commercial vehicle registrations: -20,3% 11 months into 2020; +0,1% in November
In November 2020, the EU market for commercial vehicles posted a very modest increase, with new registrations up 0.1% to 167,315 units. Demand for vans and buses slowed down last month, while the truck segment contributed positively to the region’s result. The four biggest markets posted a mixed performance in November, with registrations contracting in Spain (‐7.0%) and France (‐3.1%), while Italian (+11.7%) and German (+4.3%) markets expanded.
At 1.5 million units eleven months into the year, commercial vehicle registrations in the European Union are now down by 20.3%. All EU27 markets – including the four major ones – have recorded double‐digit declines so far in 2020, although less steep than in the preceding months: Spain (‐28.4%), France (‐18.4%), Germany (‐16.3%) and Italy (‐15.6%).