24 May 2019

DECLINE IN EUROPEAN BUS AND COACH REGISTRATIONS

Monthly the European Automobile Manufacturers’ Association (ACEA), reports about the registrations in Europe of commercial vehicles. Over the last month overall registrations went up with 7,8% and in the first four months of 2019 with 5.8%. This involves all commercial vehicles including vans, trucks and buses, although the segment buses and coaches noted a decline in registration.

Is the number of registrations for commercial vehicles in Europe on the rise, for buses and coaches it is a different matter. Over the first four months of 2019, demand for new buses and coaches showed a slight decrease (‐0.9%) in comparison with the first four months of 2018. It could have been worse if not the Central European markets showed a provided solid support to the bus segment with a plus off 23%. It could have been much worse because according to the ACEA three of the five largest EU markets posted negative results so far this year. With the exception of Spain (+23.6%), all major markets posted declines. Last month saw double‐digit drops in the UK (‐28.4%), Germany (‐24.1%) and France (‐16.7%). Compared to one month before April showed a decline in bus and coach registrations in Europe by 4.4%.

The ACEA statistics show some exceptional numbers like an increase in registration in Romania with 283.1% (1088 registration in April 2019 to 284 in April 2018). The biggest decrease was in Estonia with 54.3% (21 registration in April 2019 to 46 in April 2018). In April 2019, the EU market for commercial vehicles expanded for the fourth month in a row, boosted by gains in both the van and truck segments. 215,497 units were registered across the region, up 7.8% compared to one year ago. The EU’s five largest markets all saw strong gains, with France (+12.7%), Italy (+11.6%) and Germany (+10.1%) posting double‐digit growth. From January to April 2019, commercial vehicle registrations grew by 5.8%, counting 871,100 new vehicles in the European Union. Germany drove the growth with a 12.1% increase, followed by the United Kingdom (+8.3%), France (+6.5%), Spain (+3.8%) and Italy (+3.4%).



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