Chip shortage is affecting commercial vehicle registrations in the EU. The latest data from ACEA
The decrease deals with the month of September (-12.3% compared to September 2020), while the first nine months of the year show +19.1%, totaling 1.4 million units sold so far this year, with Italy at the forefront (+29.7%).
Commercial vehicle registrations in the EU are being affected by chip shortage. That’s what the data released by ACEA, the European Automobile Manufacturers’ Association, show as for the month of September (-12.3% compared to September 2020), while the first nine months of the year show +19.1%, totaling 1.4 million units sold so far this year, with Italy at the forefront (+29.7%).
Chip shortage and registrations of light and medium commercial vehicles
Talking about light commercial vehicles up to 3.5 tonnes (including light buses and coaches), in September, registrations of new vans contracted by 13.6% across the EU to 118,903 units, marking the third consecutive month of decline. The region’s overall result was not helped by the performance of its four major markets, which all posted double-digit declines, starting from Spain that recorded -29.8%. Over the first three quarters of 2021, EU light commercial vehicle sales were still up by 18.7%.
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As for the medium and heavy commercial vehicle sector, in September, EU demand for new trucks contracted for the first time in eight months. Poland continued to perform well, posting a 34.7% increase last month, just like Italy (+13.7%). However, the weak performance of the other key markets brought the region’s overall result down by 5.8% compared to September 2020. So far this year, new truck sales grew by 23.4%, counting 217,000 units registered across the region.
Light slowdown for heavy commercial vehicles
New heavy commercial vehicles (over 16 tonnes) suffered a slight slowdown in September (-1.8%). Only Italy (+19.4%) managed to post growth among the major EU markets, while Spain (-12.2%), France (-10.8%) and Germany (-9.8%) all recorded declines. From January to September, nearly 180,000 new heavy trucks were registered across the European Union, up 28.4% compared to the same period in 2020.