Drop in EU commercial vehicle sales continues in February

By Tuba Sahin

ANKARA (AA) – Sales of commercial vehicles in the EU continued on a downward trend in February, falling 15.7% year-on-year, according to latest figures released on Thursday.

A total of 131,874 vehicles were sold across the 27-member bloc last month, data from the European Automobile Manufacturers’ Association showed.

All four of the region’s major markets narrowed – Spain by 23.3%, France 21.4%, Germany 8.1% and Italy by 4.8%.

All categories, except heavy commercial vehicles, saw declines, with the largest drop recorded in sales of vans.

Demand for vans – light commercial vehicles – tumbled 18.2% on an annual basis to 106,899, while there was modest growth of 0.4% in sales of heavy commercial vehicles.

In January and February, commercial vehicle registrations in the EU fell by 13.5% year-on-year to 257,127 units.