No good news in sight for automakers in Western Europe as demand continues to decrease.
Sales of commercial vehicles in the EU economies of Western Europe dropped -4.4% in August resulting in a -5.5% decline for the first eight months of the 2013. In August, Spain (+10.3%) and the UK (+15.3%) performed better than in the same month last year but sharp declines in France (-5.4%), Germany (-8.5%) and Italy (-19.5%) led to a -4.4% downturn in the whole region.
From January to August, new commercial vehicle registrations decreased by -5.5% to just over 1,000,000 trucks in the EU, compared to the same period a year earlier. The UK was the only market to post growth (+6.7% @ 192,606), while Spain (-0.5% @ 62,497), France (-7.6% @ 268,457), Germany (-8.2% @191,412) and Italy (-18.5% @ 73,038) all saw their markets contract.
