LCV registrations down again
Monday, October 26th, 2009New registrations of vans were down 21.5% in September in Western Europe and 57.7% in the new EU Member States, resulting in an overall decline of 25.4%, according to figures released by the European Automotive Manufacturers’ Association (ACEA).
Among the major markets, Italy performed best (-13.0%) followed by France (-18.8%), Spain (-20.8%), the UK (-22.4%) and Germany (-22.6%).
In the new EU Member States, the Czech market, which was the largest last year, was hit the hardest and shrank by 80.8%. Poland managed best to cushion the drop (-33.7%) and registered the most vehicles in the region.
From January to September, new registrations declined by 34.4%. The downturn hit the new EU Member States (-50.9%) more severely than Western Europe (-32.4%). France (-23.1%), Germany (-26.3%) and Italy (-26.4%) fared better than the UK (-40.8%) and Spain (-44.5%) while the Polish market contracted by 27.4% and the Czech by 65.6%.
