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European commercial vehicle registrations up 16.4 percent in May

Thursday, 23 June 2016 15:12:01 (GMT+3)   |   Istanbul
       
In May this year, new commercial vehicle registrations in the European Union (EU) increased by 16.4 percent year on year to 187,134 units, rising for the seventeenth consecutive month on year-on-year basis, according to the European Automobile Manufacturers' Association (ACEA). 
 
In May this year, growth was sustained across all commercial vehicle segments. Italy (+35.9%) confirmed its positive momentum by displaying a substantial rise, followed by France (+27.2%) and Spain (+17.3%).
 
In the first five months of this year, new commercial vehicle registrations in the EU totaled 946,128 units, up 13.5 percent on year-on-year basis. Italy (+30.6 percent), Spain (+13.9 percent), France (+13.1 percent), Germany (+10.2 percent) and the UK (+3.8 percent) recorded increases, all year on year.

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