Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

The EU registered 171,283 new commercial vehicles (CV) in April, an increase of 179.2pc from the same month last year, the European Automobile Manufacturers’ Association (ACEA) noted.

 

According to the ACEA’s report, the extremely low sales base was the reason for the growth rate. In the first four months of 2021, total CV registrations reached 673,179 units, growing by 42.1pc annually. All major member countries posted increased sales with Italy at 75pc, France at 63pc, and Spain at 43.8pc. 

 

The light CV segment, consisting mostly of vans and delivery trucks, saw an increase of 46pc in January-April from last year’s period. In April alone, the EU registered 210pc more LCVs, tallying at 143,185 new units.

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