In December 2019, commercial vehicle (CV) registrations increased by 5.7% across the European Union, ending three months of decline. Demand was largely driven by the van segment, which accounted for over 86% of all CV registrations last month.
CV Registrations End 2019 in Strong Fashion
Looking at the biggest markets, results were mixed. Both France (+7.4%) and the United Kingdom (+7.1%) posted growth in December, but registrations fell in Spain (‐8.3%), Italy (‐4.0%) and Germany (‐1.7%). Overall in 2019, EU demand for new commercial vehicles expanded by +2.5%, marking the seventh con...
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