In 2021, Germany remained the largest market for heavy commercial vehicle sales with some 50,323 vehicles. The country was also the third-largest European market for commercial sales in 2021.
A decline in registrations
Despite its leading status in new heavy commercial vehicle registrations, Germany saw a decline in such registrations of 26 percent. Other EU countries have followed the same trend. France - the second-largest market in terms of new commercial heavy vehicle registrations - witnessed a slump of 25.8 percent in registrations between 2019 and 2020. Similar patterns are observed in markets outside the European Union, such as the United Kingdom. The country also faces uncertainty due to a feeble Brexit deal.
A similar market repartition
This shift in new vehicle registrations correlates with the advent of the Covid-19 pandemic. In the first quarter of 2020, truck manufacturers were forced to shut down production plants in Europe. It is expected that the pandemic will put thousands of jobs at risk. Germany's MAN is expected to cut up to a quarter of its workforce in the wake of the pandemic.
New heavy commercial vehicle registrations in selected major European markets between 2020 and 2021
(in units)
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ACEA. (January 21, 2021). New heavy commercial vehicle registrations in selected major European markets between 2020 and 2021 (in units) [Graph]. In Statista. Retrieved May 26, 2022, from https://www.statista.com/statistics/1194764/europe-heavy-truck-registrations/
ACEA. "New heavy commercial vehicle registrations in selected major European markets between 2020 and 2021 (in units) ." Chart. January 21, 2021. Statista. Accessed May 26, 2022. https://www.statista.com/statistics/1194764/europe-heavy-truck-registrations/
ACEA. (2021). New heavy commercial vehicle registrations in selected major European markets between 2020 and 2021 (in units) . Statista. Statista Inc.. Accessed: May 26, 2022. https://www.statista.com/statistics/1194764/europe-heavy-truck-registrations/
ACEA. "New Heavy Commercial Vehicle Registrations in Selected Major European Markets between 2020 and 2021 (in Units) ." Statista, Statista Inc., 21 Jan 2021, https://www.statista.com/statistics/1194764/europe-heavy-truck-registrations/
ACEA, New heavy commercial vehicle registrations in selected major European markets between 2020 and 2021 (in units) Statista, https://www.statista.com/statistics/1194764/europe-heavy-truck-registrations/ (last visited May 26, 2022)