According to the latest statistics released by ACEA, commercial vehicle registrations in the EU in November go down for the fifth month in a row, with -14.7% compared to the same month of the previous year. As shown in the diagram below, the van segment’s double-digit drop weighed heavily on the overall result, as vans accounted for over 80% of total commercial vehicle sales in the European Union. The region’s four major markets posted strong declines last month, with the sharpest drop seen in Spain (-30.4%).
The details of ACEA data on the registrations in November
As stated by ACEA, during the first 11 months of 2021, European Union commercial vehicle registrations remained up by 11.5%, still benefiting from 2020’s low base for comparison. The largest markets performed well so far this year, especially Italy (+17.6%) and France (+9.4%), although the percentage increases in Germany (+1.3%) and Spain (+0.6%) fell significantly compared to earlier months.
In November 2021, heavy truck sales in the European Union declined less steeply (-3.5%) than those of vans. The Central European countries continued to provide positive support (+13.4%) to the region’s performance, but this was not enough to offset the double-digit drops posted by the four major markets in Western Europe. So far in 2021, 219,595 new heavy trucks were registered across the European Union, up 21% compared to the same period one year ago.
EU demand for medium and heavy commercial trucks
Last month, EU demand for trucks contracted by 6%, counting 23,678 units sold. Similar to the heavy-truck segment, Western Europe’s performance was worse than in November 2020: Spain (-17.5%), Germany (-14.1%), France (-13.8%) and Italy (-8.5%). By contrast, most markets in Central Europe recorded gains last month. About the first eleven months into 2021, new truck sales in the European Union increased by 16.6% year-to-date, with 264,031 units registered in total.