European commercial vehicle demand stumbles in April
New registrations fell by 1.2% in France, 1.6% in Germany, 13.3% in the UK, 28.9% in Spain and 38.6% in Italy. Four months into the year, downturn continued its course (-10.1%) as all major markets shrank. France remained the largest market, despite a 4.7% contraction, followed by Germany (-1.2%) and the UK (-9.8%). Spain (-24.1%) and Italy (-36.7%) recorded more severe drops. In total, 589,987 vehicles were registered throughout the period.
In April, the segment of vans recorded the largest decrease (-13.3%), with a total of 110,573 units. While the French market remained stable (-0.5%) and the German slipped by 1.9%, the British (-19.8%), Spanish (-30.4%) and Italian (-38.3%) faced a double-digit downturn. From January to April, the EU* registered 479,456 new vans, or 11.7% less than in the same period a year ago. Looking at the major markets, downturn ranged from 0.4% in Germany to 5.2% in France, 15.7% in the UK, 23.8% in Spain and 37.8% in Italy.
In April, 18,930 new heavy trucks were registered, or 7.0% less than in the same month last year. Performances varied across countries as Germany (+3.5%) and the UK (+11.8%) posted growth, whereas France (-6.8%), Spain (-13.6%) and Italy (-41.1%) saw their demand decline. Four months into the year, new heavy truck registrations were down 4.2%, amounting to 75,189 units. The largest markets, Germany (-1.2%) and France (-1.4%) contracted the least. Spain (-19.9%) and Italy (-23.8%) experienced more considerable downturns, while the UK was the only market to post growth (+14.7%).