EU commercial vehicle market expands 36.9% in H1 - News Summed Up

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EU commercial vehicle market expands 36.9% in H1


Share:The EU market for commercial vehicles grew 36.9% to 1 million in the first half of 2021, the European Automobile Manufacturers' Association (ACEA) said on Wednesday. From January to June, the light commercial vehicle segment also expanded 38.1% to 856,926 units, benefiting from the positive performance of recent months. On the medium/heavy buses and coaches side, demand for new trucks across the EU rose as much as 3.2% to 12,887 units in the same period. In June, commercial vehicle registrations in EU markets climbed 12.4% year-on-year to 185,573 units. "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%)," said the trade group.


Source: The Nation July 28, 2021 10:07 UTC



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