KIMTF - EU commercial vehicle new registrations rose 51.3% in May

Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations boosted by 43.9% to 838,941 units. Italy recorded +69.5%, followed by France +55.2%, Spain +51.9% and Germany +20.3%.New light commercial vehicles registrations saw strong growth with 138,429new vans for the month, reflecting double digit growth in Italy +74.9%, Spain +55.4%, France +59.3% and Germany +21.8%.New heavy commercial vehicles registrations up 74.9% to 20,601 units. Spain provided a strong boost with a triple-digit increase +128.5%, followed by Italy +72.5%, Germany +48.2% and France +12.6%.Registrations of new medium and heavy commercial vehicles advanced 64.6%, led by 203.8% growth in Poland.Registrations of new medium and heavy buses & coaches soared 18.1% to 1,863 units.Source: ACEASector Watch: Audi (AUDVF), Ford (F), Nissan (NSANY), Toyota (TM), Honda (HMC), Stellantis (STLA), Tesla (TSLA), Mazda (MZDAY), Kia (KIMTF), Hyundai (HYMLF), Porsche

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EU commercial vehicle new registrations rose 51.3% in May