New commercial vehicle registrations in the European Union increased during February

Latest figures from ACEA state that in February 2021, new commercial vehicle registrations in the European Union increased by 1.2% to 156,444 units.

In February 2021, new commercial vehicle registrations in the European Union increased by 1.2% to 156,444 units. With the exception of buses and coaches, all vehicle segments made a positive contribution to last month’s growth. Demand was largely driven by the Central European countries (+17.2%), given that registrations in all key Western European markets − except for Italy (+10.1%) − contracted in February.

During the first two months of 2021, the EU commercial vehicle market declined by 3.3%, with 297,651 units registered in total. Among the four key EU markets, Spain recorded the steepest decline (-22.0%), followed by Germany (-9.6%). In France, sales volumes were more or less similar to last year (-0.2%), while Italy was the only major market to post an increase (+1.9%).

New light commercial vehicles (LCV) up to 3.5t

February sales of new vans in the EU were slightly higher (+0.4%) than in 2019, totalling 130,825 units. Italy was the only major van market to record growth (+11.0%) last month. By contrast, Spain posted the sharpest decline (-17.7%), followed by France (-5.0%) and Germany (-2.3%).

From January to February, registrations of light commercial vehicles fell by 3.6% across the European Union. Looking at the four largest EU markets, Spain (-24.0%) and Germany (-10.4%) faced the steepest drops in demand for new vans. On the other hand, Italy (+1.4%) and France (+0.6%) managed to post modest growth so far in 2021.

New heavy commercial vehicles (HCV) of 16t and over

Last month, 19,630 new heavy commercial vehicles were registered across the EU, a year-on-year rise of 8.8%. Central Europe provided a strong boost to this growth (36.0%), with Poland – one of the leading markets in volume terms – posting a 51.3% increase in heavy-truck registrations. Except for France (-10.2%), the biggest markets in Western Europe also made a sizeable contribution to the region’s positive performance: Italy (+15.8%), Spain (+9.7%) and Germany (+4.2%).

Over the first two months of 2021, registrations of heavy commercial vehicles increased by 2.0% in the European Union. Results were diverse among the four major EU markets, with Italy posting growth (+11.7%) while France performed worse than the year before (-9.0%). At the same time, heavy-trucks registrations in Spain (-0.4%) and Germany (-0.8%) remained stable compared to 2020 levels.

New medium and heavy commercial vehicles (MHCV) over 3.5t

In February, demand for new medium and heavy trucks posted solid growth (+6.6%), mainly driven by the solid performance of the Central European markets (+33.1%). Three of the four largest Western European markets also posted positive results:  Italy (+12.3%), Spain (+6.4%) and Germany (+1.2%).

Two months into the year, EU registrations of new trucks remained stable (-0.3%) compared to one year before. Looking at the major markets again, demand contracted in France (-6.5%), Germany (-5.4%) and Spain (-4.1%). Italy, on the other hand, saw a positive uplift in truck sales of 9.9%.

New medium and heavy buses & coaches (MHBC) over 3.5t

February 2021 registrations of buses and coaches in the European Union were 10.0% lower than in the same month last year. Demand fell at double-digit rates in three of the four key markets: Italy (-38.8%), Spain (-22.8%) and Germany (-20.3%). France posted a more modest decline (-2.8%) in demand for new buses and coaches.

From January to February, the European bus and coach market slumped by 18.4%, with 4,584 new vehicles registered in total across the EU. Spain (-46.5%), Germany (-24.2%) and Italy (-20.9%) all recorded significant losses so far in 2021, with France doing slightly better (-8.5%).