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13.08.2019

German commercial vehicle market heading for record year

Bad Homburg. The German commercial vehicle market has continued to grow strongly since the beginning of the year. New registrations of commercial vehicles and buses rose in the first seven months of the year by 14 percent to 246,967 units. In July, 33,661 new commercial vehicles were registered, 12 percent more than in the same month last year. The VDIK brands achieved a market share of 29 percent.

VDIK President Reinhard Zirpel said: "The German commercial vehicle market is heading for a record year in 2019. We expect over 400,000 new commercial vehicles to be registered for the year as a whole, more than ever before. This would be the fourth year in a row that the German commercial vehicle market has achieved a record volume."

The growth covers all weight classes. New registrations of light commercial vehicles up to 6 tons have increased by 13 percent to 183,500 units since the beginning of the year. Demand for vans continues to be driven strongly by the dynamism of parcel and courier services. The CEP sector is one of the fastest-growing economic sectors in Germany. In addition, 63,400 heavy commercial vehicles over 6 tons were newly registered. Here, growth amounted to 15 percent.

93 percent of the new commercial vehicles and buses were delivered with diesel engines. The share of gasoline engines was only 4 percent, that of alternative drives 3 percent. These included 3,916 commercial vehicles with electric drive (BEV, PHEV) and 2,194 new vehicles with gas drive. For heavy gas-powered trucks (LNG, CNG), planning security should be created as quickly as possible with regard to further toll structures.