BIL Sweden Publish July Registration Figures for Truck and Bus Sector
BIL Sweden has released its monthly registration figures for July, which have continued to participate to the strong economic recovery in the country, but also make contributions towards electrification in the Swedish commercial vehicle sector.
Heavy Commercial Vehicles Increase by 18.7% Year-on-Year
Heavy commercial vehicles, vehicles weighing over 16 tonnes registered 292 units sold in July, representing an 18.7% jump on July 2020’s benchmark. In terms of the year-to-date performance, the first seven months of 2021 has seen 14.7% increase in heavy commercial vehicle registrations with 3,185 units registered. Vice CEO of BIL Sweden attributes the growth to “the result of strong economic recovery.”
Moving onto light commercial vehicles, BIL Sweden announced that they have seen a 5.4% drop in registrations from July 2021 to July 2020, decreasing from 1,636 units to 1,548. Looking further back to 2019 in pre-COVID market conditions, this represents a 32% reduction.
However, the year-to-date figures are looking much healthier with the LCV segment 63.1% ahead at the same point in 2020 with 23,024 and 14,115 units sold respectively from January through to July. There is still someway to go to return to the levels of activity seen in 2019 with the figures still lagging 9% below the previous standpoint. Alenius said, “The rise in year-to-date figures is largely explained by strong economic recovery and a need for companies to renew their fleet.”
Electric light trucks have been contributing to LCV sales with this product amounting to 6.8% of LCV registrations in July and 5.3% over the course of 2021. Alenius has explained that this increase has been “above all due to the introduction of new models that have increased customer choice.”
In a similar story to other major European economies, the bus sector is continuing to struggle with a 77% year-on-year drop for buses over 10 tonnes in Sweden as only 17 units were registered in July 2021. The year-to-date numbers are slightly better with a 49.1% decrease on 2020’s performance, but still show the complexities the sector is facing. Despite this performance BIL Sweden has reported that every third registration was an electric bus.