In many manufacturing industries, there is often the presence of inertia. What's the impact of this?
Amidst the continuing decline seen in total registrations in the commercial vehicle segment, October registrations in the heavy vehicles (above 16T) segment saw an uptrend, reporting a 18% YoY increase, landing at 23,592K.
Once again, September’s result was primarily driven by growth in the Central European countries. A solid triple-digit YoY percentage gain was seen in both Croatia and Lithuania, reporting 173.5% and 154.2%, respectively.
July’s result was largely driven by Central European countries (+15%). August was an even more positive month, with nearly all EU markets posting strong gains.
Heavy vehicle registrations sees a dip in April, before an uptrend in May and June.
In March, 24,088K heavy vehicles over 16T were registered in the EU, a seasonal upturn, stable compared to March 2021.
The market dynamics of the used car market are not intuitively clear. Many different factors need to be considered and the effects could take different directions under certain conditions. In this article, we investigate the leading indicators driving used car sales in Germany.
In January, 20.956 new heavy vehicles over 16T were registered in the EU, an increase of 8% from January 2021.
We used Indicio to forecast heavy vehicle (16T+) registrations for 2022 ahead of the ACEA figures release on February, 24th.
We used Indicio to forecast passenger car sales for 2022 in the European Union and do not expect new car registrations to return to pre-pandemic levels this year.
The US Bureau of Labor Statistics will release awaited November inflation statistics on December, 10th 2021. In October, US inflation exceeded expectations, with prices rising by 0.9% MOM (0.6% expected) from September.