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European commercial vehicle registrations up eight percent in March

Monday, 25 April 2016 17:34:31 (GMT+3)   |   Istanbul
       
In March this year, new commercial vehicle registrations in the European Union (EU) increased by eight percent year on year to 242,049 units, rising for the fifteenth consecutive month on year-on-year basis, according to the European Automobile Manufacturers' Association (ACEA). 
 
In March this year, growth was sustained across all commercial vehicle segments. Italy (+29.3%) confirmed its positive momentum by displaying a substantial rise, followed by France (+6.4%), the UK (+3.2%) and Germany (+2.6%). The Spanish market saw a slight decline of 0.6 percent after a period of strong growth.
 
In the first three months of this year, new commercial vehicle registrations in the EU totaled 563,132 units, up 12.1 percent on year-on-year basis. Italy (+27.9 percent), Spain (+10.6 percent), France (+10.2 percent), Germany (+9.2 percent) and the UK (+2.2 percent) recorded increases, all year on year.

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