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home / news releases / eu commercial vehicle new registrations expanded 179


VOLAF - EU commercial vehicle new registrations expanded 179.2% in April

Commercial vehicle registrations in the European Union expanded 179.2% to 171,283 units in April, followed by +95.3% in March.Low sales in April 2020 due to pandemic was the main reason for this triple digit growth.Three of the major EU markets posted triple digit growth in April, Italy +642.3%, Spain +547.3% and France +412.9%. Germany saw 60% growth for the month.On YTD basis, commercial vehicle registrations boosted by 42.1% to 673,179 units. Italy recorded +75.1%, followed by France +62.9%, Spain +43.8% and Germany +15.1%.New light commercial vehicles registrations +209.5% Y/Y to 143,185 new vans for the month, reflecting growth trends in Italy +972.1%, Spain +771.0%, France +471.2% and Germany +70.8%.New heavy commercial vehicles registrations grew 103.3% to 21,889 units. The four big markets performance: Italy +183.8%, France +156.8%, Spain +115.0% and Germany +44.0%.Registrations of new medium and heavy commercial vehicles advanced 86.3% to 26,256 units.Registrations of new medium and heavy buses & coaches jumped 86.4% to

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EU commercial vehicle new registrations expanded 179.2% in April
Stock Information

Company Name: Volvo AB
Stock Symbol: VOLAF
Market: OTC

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