German commercial vehicle market stable in July
A total of 28,500 units were registered (-1 percent). After adjustment for the calendar, however, last month showed growth of 8 percent. In the first seven months of the current year, sales of commercial vehicles in Germany came to 205,500, which represented a very welcome rise of 9 percent.
All segments of the commercial vehicle market expanded. For example, following a record year in 2015, the market for light commercial vehicles (up to 6 tonnes) increased by a good 9 percent during the first seven months, to 150,100 units.
Furthermore 51,700 heavy commercial vehicles over 6 tonnes were sold (+6 percent). New bus registrations climbed by 16 percent to 3,600 vehicles – the strongest growth so far this year.
Owing to the fewer working days, new registrations of trailers in July fell to 27,100 units (-7 percent), but showed a year-to-date rise of nearly 5 percent to 186,700 trailers.
Within this segment, especially strong growth was seen in sales of semi-trailers, which totaled 21,800 new registrations (+12 percent).
This year so far domestic incoming orders for vans have added 14 percent to last year's figure. Despite a slump in July (-11 percent), demand remains high and the manufacturers' order books are still fairly full.
The healthy state of the German market for light commercial vehicles also has a positive influence on production at German plants.
In July 23,500 new vehicles rolled off the production lines (+2 percent).
A new record was set for the year to July as the production volume hit 189,100 vehicles. Of these, 142,100 units – i.e. three quarters – were exported. ■