STLA - EU commercial vehicle new registrations rose 12.4% in June

Commercial vehicle registrations in the European Union increased 12.4% to 185,573 units in June, followed by +51.3% in May.Demand was largely driven by Central European countries +43.4%, while only two of the four key Western European markets showed positive results: Germany +28.5% and Italy +5.3%.On YTD basis, commercial vehicle registrations boosted by 36.9% to 1M units. Italy recorded +53.7%, followed by Spain +38.4%, France +36.4%, and Germany +21.7%.New light commercial vehicles registrations grew 9.6% for the month. Germany saw the highest growth with +28.2% followed by Italy +1.5% whereas registrations fell France -10.0% and Spain -4.9%.New heavy commercial vehicles registrations up 37.1% to 21,828 units. Italy led with +48.8% followed by Germany +30.8%, Spain +26.8% while sales in France slightly declined -2.1%.Registrations of new medium and heavy commercial vehicles rose 33.1%, led by 41.7% growth in Italy.Registrations of new medium and heavy buses & coaches soared 9.4% for the month.A quick look at the commercial registration trend in EU:Source:

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EU commercial vehicle new registrations rose 12.4% in June