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, New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message, Forex-News, Forex-News
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New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message

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, New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message, Forex-News, Forex-News


, New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message, Forex-News, Forex-News

Munich (Reuters) – The Corona crisis caused new registrations of commercial vehicles in Europe to collapse in 2020.

With 1.7 million units, 18.9 percent fewer trucks or buses took to the streets than before the outbreak of the pandemic, according to data from the industry association ACEA, which was published on Tuesday. All European countries recorded significant declines; of the major markets, Spain was hardest hit with a minus of a quarter.

The reluctance of companies was particularly strong when it came to large trucks: In the category over 16 tons, the decrease was 27.3 percent and thus higher than for the lighter trucks over 3.5 tons (25.7 percent) and the Small trucks under 3.5 tons (17.6 percent). There was a decrease of 20.3 percent for buses.

The Volkswagen subsidiary Traton recently benefited from increasing demand in the second half of the year and achieved a small operating profit.

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, New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message, Forex-News, Forex-News

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, New registrations of commercial vehicles in the EU will drop by almost a fifth in 2020 | message, Forex-News, Forex-News

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