ANIFA Reveal Double Digit Monthly Increase for Commercial Vehicle Sector for May
Associazione Nazionale Filiera Industria Automobilistica (ANIFA) has published the figures for the commercial vehicle and bus sector for May with the commercial vehicle market recording a double-digit year-on-year increase of 10.7% as 2,440 vehicles were registered. Nevertheless the sector is still lagging behind 2022's performance with it ending May -2.2% on 2021's standpoint.
Geopolitical Situation and Economic Tensions Continue to Disrupt
Drilling down further into the weight classes, the picture is quite mixed across the board. For example, vehicles over 5 tonnes and up to 6 tonnes have recorded year-to-date improvements of 74.1%, whilst commercial vehicles between 8 and 11.5 tonnes and between 3.5 and 5 tonnes have experienced 27.2% and 40% declines respectively. This is further amplified by construction vehicles and road tractor seeing a year-to-date jumps of 5.6% and 1.3%, whilst on the other hand rigid trucks have seen a drop in sales of around 6%.
As for trailers, May saw 1,791 registrations helping the it reach 7,341 registrations by the end of the first five months which is 12.2% ahead of 2021's position.
Luca Sra, a delegate for ANIFA gave some comments on May's registration figures, "The sales figures for May show a market recovering slightly from April with it still holding a negative year-to-date balance for the first five months. These dynamics are strongly influenced by the geopolitical and economic tensions in the sector."
Bus registrations saw a year-on-year fall of 23.6% in May as 214 units were registered leaving the sector trailing 2021's benchmark by 15.8%. A source of comfort for May's registrations will be the performance of minibuses which saw a 52% bump in sales.
On the performance in the bus sector, Giovanni Filippis, the President of the Bus Department at ANIFA said, "There is still a negative trend in the bus sector due to the realignment of production chains following the impact of the pandemic and the conflict which is still affecting the supply chain."