European CV registrations down 37% in first 4 months

ERJ staff report (DS)

Brussels -- New commercial vehicle registrations in Europe declined by 42.4 percent in April, totalling 140 000 units. Four months into the year, the decrease was 37.3 percent. The downturn affected all countries and was sharper in the new EU Member States (-42.5%) than in Western Europe (-36.5%). April counted on average one working day less across the region.

In the segment of vans, April results were negative for all countries, ranging from -95.2% in Iceland to -23.1% in Switzerland, and an overall drop of 42.3% for Europe. Four months into the year, Western Europe recorded a 36.5% decrease and the new EU Members a 42.5% drop, resulting in an overall 37.1% decline for the region.

New heavy truck registrations in April amounted to 15,117 units, or 47.0% less than in the same month a year ago. Except for the Dutch and Swiss markets, which expanded by 33.0% and 22.1% respectively, all others contracted: the German by 32.8%, the French by 41.4%, the British by 46.4%, the Italian by 49.8% and the Spanish by 79.3%. Cumulative results from January to April show a 42.8% slump.

In April, new registrations of trucks contracted by 43.5% in Europe*. Only Switzerland (+0.2%) and the Netherlands (+17.1%) improved last year's results. From January to April, 96,046 new trucks were registered, or 39.7% less than over the same period a year ago.

New bus and coach registrations fell by 35.3% in April across Europe*. Among the major markets, the UK recorded the most vehicles and the most limited downturn (-4.1%). Four months into 2009, the overall decrease in Europe* was 24.8%.

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Press release from ACEA