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Friday, 24 April 2020

Commercial vehicle registrations in the EU: -47.3% in March, -23.2% in the first quarter

European commercial vehicle market dropped by 47.3% in March, suffering the lockdown imposed by governments to slow down the spread of the COVID-19, totaling 105,196 units overall.

Among the biggest markets, Italy posted the worse performance (-66.1%, with 6,657 vehicles sold, almost 13 thousand less compared to March 2019), followed by Spain (-64.4%), France (-63.1%) and Germany (-25.4%).

All segments were strongly affected: LCV -49.8%; Heavy Trucks -38.0%; Trucks -35.6%; Bus & Coach -37.1%.

The first quarter of 2020 closed with a contraction of 23.2%, with 413,327 registrations all across the EU. From January to March, all major European markets recorded double-digit losses: Spain -31.7%; France -26.9%; Italy -26.6% (with 38,998 units, over 14 thousand less than in the first three months of 2019); Germany -14.4%.

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Wonder S.p.a.

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Wonder S.p.a.
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Via Boschetto, 10
26100 Cremona
Italy

Tel. +39 0372 421811

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