Commercial vehicle sales in Europe shrink by nearly 19 percent

Last year, almost 19 percent fewer company cars were sold than in 2019. According to the European car industry organization ACEA, almost 1.7 million company cars were registered last year.

Especially in the first half of the year, sales of vans, buses and trucks suffered from the corona crisis. This was due to the closures of factories, while showrooms were also closed as part of the lockdown measures. In the second half of the year, things improved and in December there was even ‘only’ a decrease of 4.2 percent compared to that month in 2019.

In almost all European car markets, the year-over-year decline was double-digit. In large markets such as Germany (-14.8 percent), France (-16.9 percent) and Italy (-15.1 percent), it fell sharply, but Spain was hit hardest; -26.1 percent. Here in the Netherlands too, it went above average, where a contraction of almost 23 percent was measured to 71,502 commercial vehicles.

Seen across the European Union as a whole, the decline is slightly less than for passenger cars. Almost a quarter less of these were sold in 2020 than in 2019.

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