UK bucks European HGV trends
Monday, October 26th, 2009HGV registrations across Europe declined by 42.2 % in September, when compared with the same month last year, according to figures released European Automotive Manufacturers’ Association (ACEA).
The UK was the largest market and the only one to post growth (+26.8%). Germany (-55.4%), Italy (-55.1%) and France (-49.1%) were severely affected by the crisis while Spain (-36.3%) and the Netherlands (-36.6%) were also down.
Poland remained the most important market in the new EU Member States despite a 45.6% downturn.
Three quarters into the year, new heavy truck registrations were down 47.3% in Europe. Western Europe recorded a 43.0% fall compared to the same period last year.
The Netherlands (-30.0%), the UK (-37.7%), France (-38.5%), Germany (-41.8%), Italy (-49.6%) and Spain (-72.2%) all recorded a decrease.
In the new EU Member States, Poland (-67.2%) and the Czech Republic (-61.4%) saw their markets contract the least compared to the other countries in the region.
