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InstaForex Loprais Team - Official participant of the Dakar rally

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InstaForex Loprais Team - Official participant of the Dakar rally

2014.12.1905:24:00UTC+00Europe Commercial Vehicle Registrations Drop In November

Commercial vehicle registrations in the European Union declined in November after increasing in the previous months, a report from the European Automobile Manufacturers Association, or ACEA, showed Friday.

Demand for commercial vehicles in the European Union decreased 0.2 percent year-on-year to 152,744 units in November. This was in contrast to the 10.8 percent surge in October.

Commercial vehicle registrations in Germany and France dropped 9.1 percent and 2.9 percent, respectively. Meanwhile, registrations in Spain, Italy and the U.K. rose 13.3 percent, 6.5 percent and 4 percent, respectively.

Registrations for heavy vehicles and medium and heavy vehicles tumbled 20.7 percent and 21.6 percent, respectively. However, vehicle registrations of light vehicles climbed 4.8 percent and 3.8 percent in November.

For the January to November period, commercial vehicle registrations rose 8.8 percent year-on-year to 1.68 million units.

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