Commercial Vehicle Sales Up Nearly a Quarter in Estonia
- New Europe Investor
- January 26, 2016
New commercial vehicle sales in Estonia jumped by 22.7% in 2015 compared to the previous year.
A total of 3,580 commercial vehicles were registered in the country last year, representing an increase of 22.7%. The growth rate is nearly twice the growth rate of the European Union.
The European Automobile Manufacturers Association (ACEA) reported that commercial sales growth for the entire European Union in 2015 was 12.4%.
December 2015 figures displayed a EU wide growth rate of 14.8% compared to the same month of the previous year.
Spain had the highest increase in sales of commercial vehicles, with an increase of 36.4%. Total EU commercial vehicle registrations for 2015 were 2.1 million.