The European LCV market grew by 3.9% in the first six months of 2019
- After increasing by 4.0% in 2017 and 3.1% in 2018, the European LCV market (29 countries) resumed its growth in the first half of 2019, with an increase of 3.9% and a volume of 1.14 million units.
- We could therefore end the year with a volume of slightly more than 2.2 million units, an increase of 3.5% compared to 2018. However, this volume would be lower than in 2007, when it reached an all-time high of 2.3 million units.
- It is of note that the growth observed on the European LCV market is disconnected from the trend observed on the European PC market, which fell by 3.1% in the first half of 2019.
- The countries that register the most LCVs remain France (thanks to the high proportion of LCVs converted into company cars), ahead of the United Kingdom, Germany, Spain and Italy. These five countries accounted for 69% of LCV sales in Europe as a whole in the first half of 2019, compared with 70% in the first half of 2018.
- The countries with the highest growth in LCV sales were Lithuania (+39.5%), Hungary (+21.4%), Slovenia (+16.7%), Latvia (+12.1%) and Germany (+11.7%). In general, growth in Eastern European countries was higher than in Western European countries, with growth in this region reaching 7.2% while that of Western Europe did not exceed 3.6%.
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