1/26, 8:51 AM (Source: TeleTrader)
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EU vehicle demand falls 8.4% in December

The European Automobile Manufacturers’ Association (ACEA) reported on Wednesday demand for commercial vehicles declined in December on a month-to-month basis by 8.4%, representing 155,963 units less, being the sixth month in the row of fall.

According to the report, in 2021, the demand increased by 9.6% totaling 1,880,682 units. However, the number of vehicles registered is below the 2.1 million units of 2019, before the pandemic.

Only the registration of new vans dropped sharply by 12.8% in December, against the strong jump of 23.5% in demand for new heavy commercial vehicles.

Baha Breaking News (BBN) / JG