Positive First Quarter for New Trucks and Commercial Vehicles Registrations
The European industrial vehicles market is increasing since the beginning of the year. The market has observed good results in Europe during the first quarter. Commercial and heavy vehicles registration are increasing in March 2016.
Increase in registrations for 3.5 to 16-ton vehicles
During the first quarter of 2016, the European market has noticed 87,262 new vehicles registrations, what represents a raise of 17.6% (almost 11.1% only for March) compared with the same period in 2015. Spain (+25%) and Italy (+19.5%) has observed the strongest expansion.
A significative Increase for 16-ton trucks
Trucks registration of over 16-ton-vehicles has increased of 12.2% (27,831 units) in March 2016, being 3,000 registrations more than in March 2015. In this category, Italy has noticed an increase in registrations of 25.2%. At the end of March 2016, France has reported a growth of 18.6%. Moreover, Poland has noticed a rise of 46.3%. Other countries such as the Netherlands has also observed excellent results with an increase of 30.3% compared with March 2015.
Europe: rising in commercial vehicles market
In March 2016, the new registrations of European commercial vehicles represented a total of 204,157 units (7.6% more than in March 2015) which represents a 31st consecutive month of growth. Compared with March 2015, Italy has obseved an increase of 32.1%, 5% for France, 3.3% for the UK and 3% for Germany. But the Spanish market fell of 1.3% in March 2016.
In the first quarter of 2016, 466,839 new commercial vehicles have been registered in Europe being 11.3% more than last year.
Slight increase for coaches and buses
In the first three months of 2016, registrations of European buses and coaches has counted up 9,031 units (3.7% more than 2015 first quarter). Registrations in the UK has decreased by 13.8% and by 12.7% in Italy whereas the opposite is happening in other European countries: this number is increasing.
Bus and coach registrations has increased in 2% between March 2015 and March 2016, representing a difference of 3 800 units. This growth is very significant for France (+12.7%) and Germany (+ 10.5%). Compared to March 2015, UK registrations has fallen by 2.9%, Spain's by 20.4% and Italy's by 39.3%.
This overall increase is good news for the trucks and commercial vehicles manufacturers's turnover in Europe - it allowed them to maintain a certain level of growth.
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