Market achievements – LUV – 2016 – Europe 29 countries
- The European market (29 countries: European Union - Malta + Switzerland + Norway) of LUVs (Light Utility Vehicles: utility vehicles vehicles less than 3.5 tonnes) continued to increase in 2016 (+ 11.6%),
as a consequence of the 2008-2009 catch-up of the crisis which had led to a drop in sales of LUVs in Europe but also in the other regions of the world.
as a consequence of the 2008-2009 catch-up of the crisis which had led to a drop in sales of LUVs in Europe but also in the other regions of the world.
- The European market of LUVs decreased from 2.3 million units in 2007 down to 1.4 million units in 2009. An initial catch-up phase took place in 2010 and 2011. The second catch-up phase started in 2014 (+ 10.7%), and continued in 2015 (+ 11.6%) and 2016 (+ 11.6%).
The European market for LUVs thus reached 2 million units last year.
Given the absence of signs of a reversal of economic activity in the region, it is likely that growth will continue, to reach in 2017 a volume of between 2.1 and 2.2 million units (an increase between + 6% and + 10%).
The European market for LUVs thus reached 2 million units last year.
Given the absence of signs of a reversal of economic activity in the region, it is likely that growth will continue, to reach in 2017 a volume of between 2.1 and 2.2 million units (an increase between + 6% and + 10%).
- In 2016, the UK is the largest market for LUVs in Europe. However, a French specificity consisting in classifying in the official statistics the private vehicles tailored to the needs of companies as LUV (specific N-segment) and zero-tax them may make France appear in first position. Follow Germany, Italy and Spain.
The strongest growth was recorded in Italy (+ 50.0%), Slovenia (+33.6 Romania (+ 27.7%), Croatia (+ 22.1%), the Netherlands (+ 22.0%) and Hungary (+ 21.8%). LUV sales in eastern Europe countries increased by 15.6% in 2016).
The strongest growth was recorded in Italy (+ 50.0%), Slovenia (+33.6 Romania (+ 27.7%), Croatia (+ 22.1%), the Netherlands (+ 22.0%) and Hungary (+ 21.8%). LUV sales in eastern Europe countries increased by 15.6% in 2016).
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