ACEA: commercial vehicles sales increase of 42% in EU
Four months into 2021, demand for new commercial vehicles in the European Union expanded by 42.1%. Boosted by positive March and April results, total registrations reached 673 179 units so far this year.
All key markets consolidated their year-to-date performances: Italy posted the highest percentage increase (+75,1%), followed by France (+62,9%), Spain (+43,8%), and Germany (+15,1%).
In April 2021, the EU commercial vehicle market recorded an accelerated increase in new registrations of 179,2%, totaling 171 283 units. Last year’s shallow sales base was the main reason behind this growth, as April 2020 was the first full month with coronavirus restrictions in place.
As a result, many triple-digit percentage gains were posted across the region last month, including three of the four key markets: Italy (+642,3%), Spain (+547,3%), and France (+412,9%). With a 60,0% increase, Germany also made a sizeable contribution to the EU’s overall performance.
The highest demand is for LCV
From January to April, the registrations of light commercial vehicles (LCV, up to 3,5 tons) across the European Union jumped by 45.9% due to the strong results recorded in March and April. Each of the major EU markets saw a strong increase in demand for vans during the four-month period: Italy (+83,7%), France (+67,5%), Spain (+47,9%), and Germany (+16,5%).
So far, in 2021, heavy truck (HCV, + 16 tons) registrations increased by 33,2% to reach 85 858 units sold in total across the EU. Each of the major markets posted double-digit percentage gains from January to April: Italy (+49,1%), Spain (+34,2%), France (+29,3%), and Germany (+17,1%).
During those first four months of 2021, EU registrations of new medium and heavy commercial vehicles (MHCV, +3,5 – 16 tons) rose by 28,5% compared to the year before. Italy saw the highest percentage growth (+46,0%) of the region’s key markets, followed by France (+32,4%), Spain (+25,3%), and Germany (+12,7%).
Buses and coaches lesser in demand
From January to April, EU demand for buses and coaches (MHBC) remained in negative territory (-1,2%) despite last month’s strong numbers (+86,4%). Looking at the largest markets by volume, Spain (-26,5%) posted the sharpest drop, while declines moderated in Italy (-9,7%) and Germany (-8,8%). By contrast, France was the only major market to record growth (+11,2%) so far in 2021.
As the pandemic isn’t over yet, there’s a certain hesitance and prudence in the bus and coach market, which is understandable. Tourism has been very slow for over a year; transportation by bus is also avoided by many people fearing contamination.
For the first four months of 2021, LCVs increased by 42,3% compared to last year and even grew (very slightly) compared to the same period in 2019 (+0,6%). In the field of heavy(HCV) and medium and heavy (MHCV) commercial vehicles, the growth is respectively 2,9 and 15,6%. Compared to January-April 2019, however, there is a decline of, respectively, -18,3% and -32,2%.