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

Commercial vehicle registrations: -14.6% in 2022; -5.1% in December

TOTAL NEW COMMERCIAL VEHICLES
In December 2022 , new commercial vehicle registrations in the EU retreated by 5.1%, as component shortages continued to weigh on vehicle availability. All vehicle segments performed worse than in December 2021, contributing to the overall negative result. During the month, the performance of the four major markets was mixed. France and Italy both faced losses (down 14.2% and 8.3% respectively). However, Spain saw a solid improvement (+15.2%), as did Germany (+8.4%).
Overall in 2022 , the EU commercial vehicle market contracted by 14.6% to 1.6 million units, with volumes falling below those of the pandemic year of 2020 (1.7 million units). This was primarily caused by the ongoing supply chain issues which affected vehicle availability throughout the year. The region’s overall performance was not helped by its four key markets, which all suffered double-digit percentage declines: France (-17.7%), Spain (-16.7%), Germany (-11.0%) and Italy (-10.5%).

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