New data indicates a decline in van sales following the Autumn Budget, suggesting a potential downturn in economic confidence as new car tax changes are set to launch.
The EU commercial vehicle market presented mixed results in Q1 2024. Van sales increased, but truck sales saw a slight decrease. Electrically chargeable trucks and buses showed growth.
European Union van sales experience a strong 8.5% increase in the first nine months of 2024, fueled by growth in major markets like Spain, Germany, Italy, and France.