Britain bucks European truck sales slump

Brussels: The UK is the only European country to record an increase in new truck registrations last month.  But registrations for the year are down in all countries, according to data from the European Automobile Manufacturers’ Association.

In September, 150,910 new commercial vehicles were registered in the EU, 13.7% less than in the same month last year. The downturn prevailed across all markets, ranging from -3.2% in Ireland to -51.2% in Greece.

Looking at the largest markets, the UK was the only one to expand (+0.7%) while France (-13.4%), Germany (-16.6%), Italy (-28.2%) and Spain (-32.7%) all contracted.

From January to September, demand for commercial vehicles was down by 10.7%, with 1,282,248 new registrations. All major markets recorded negative figures: -3.1% in the UK, -4.2% in Germany, -7.7% in France, -25.7% in Spain, -34.6% in Italy.

Van sales (light commercials up to 3.5 tonnes) declined 13.5% in the EU except in the UK (+1.1%) and Slovakia (+9.5%).

New heavy truck sales (over 16 tonne) fell 14.8% in September. All significant markets contracted, from -6.7% in the UK to -18.6% in France, -22.9% in Germany, -28.6% in Spain and -33.8% in Italy.

WORLD NEWS

Win Chill Cold Storage adds new coldstore

Sioux Falls, South Dakota, USA: Tippmann Innovation has completed construction of a 205,000sq foot coldstore for Win Chill Cold Storage. The new warehouse includes over …

READ THE FULL STORY >

Kuehne+Nagel buys Panatlantic Logistics

Schindellegi, Switzerland: Kuehne + Nagel has bought the perishables business of Panatlantic Logistics in Ecuador. The company provides airfreight transport of perishable products and will …

READ THE FULL STORY >

XPO reports income up 178%

Greenwich, Connecticut, USA: XPO Logistics second quarter 2018 revenue increased 16% year-over-year to $4.36bn. Net income attributable to common shareholders was $137.5 million for the …

READ THE FULL STORY >

Agro Merchants buys Transmode

Atlanta, Georgia, USA, Agro Merchants has bought Transmode based in Paulsboro, New Jersey. Most of its business is in Philadelphia, PA. This transaction substantially increases …

READ THE FULL STORY >

WHAT’S ON

  • FSDF Transport Conference
    The Food Storage and Distribution Federation Conference, and TCS&D Awards that evening take place on 13 September in Manchester.

Latest Tweets

The Brexit summer silly season has kicked off with news that the government's contingency plans include stockpiling food:bit.ly/2LKXhKN pic.twitter.com/buAbYK8tRR

© 2018 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ