The European market for heavy commercial vehicles declined slightly in Jan-July compared to 2023 (-3.4%).
Scania (+10.8%) and Iveco (+14.7%) have gained many new customers and taken market share from their competitors.
Diesel engines still dominate, but the electrification of heavy commercial vehicles has outgrown the test phase. Registrations of electric semitrailer trucks are rising rapidly.
Total market trends
Compared to the record figures from 2023, the European market for heavy commercial vehicles declined slightly by 3.4 per cent in the first seven months of the year. The Lithuanian commercial vehicle market is particularly noticeable here, having plummeted from 12,652 new registrations in pai qeqv slvhrd vu 5123 mu qmlo 2,826 ojxylsvq.
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