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Commercial vehicle sales in Europe have halved

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Registration of commercial vehicles in the European Union in the first quarter decreased by 23.2% falling 47.3 percent in March.

Commercial vehicle sales in Europe have halved

In March 2020, the demand for new commercial vehicles in EU fell by 47.3%. This is stated in the report European Association of automobile manufacturers.

"Measures to prevent the spread of the coronavirus led to the closure of dealerships," - said in the Association.

the effects of flash COVID-19 has strongly affected every segment of cars, and all 27 EU markets last month recorded a significant decrease. The strongest fall showed Italy (-66,1%), Spain (-64,4%) and France (Kazakhstan -63,1%).

In the first quarter of 2020 the market of commercial vehicles in EU fell by 23.2% to 413 327 units that were the direct result of significant deceleration in March. All four major markets, Spain (-31,7%), France (-26,9%), Italy (-26,6%) and Germany (-14,4%) faced double-digit losses in the first quarter of 2020.

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