The industrial vehicle market has started 2023 with good registration data, and the trend has been confirmed in March. According to Anfac, Ganvam and Faconauto, truck registrations have increased by almost 30%, while buses have experienced a spectacular growth of 70,7%.

Truck registrations grow by 29,7% in March 2023, according to Anfac, Ganvam and Faconauto

In March 2023, 2.567 truck registrations were recorded, 29,7% more than in the same month of 2022. The largest increases were among trucks weighing 3,5 to 6 tonnes (+109,3%) and heavy commercial vehicles weighing more than 16 tonnes (+24,9%). In total, 6.976 trucks were sold in the first quarter of 2023, 16,8% more than in the same period of the previous year.

Buses experience spectacular growth of 70,7%

Buses have also seen a significant growth of 75,3% in March, thanks to the good outlook for the Easter holidays. In the first quarter, growth has been 66,7% thanks to the 812 units sold.

Good data for the first quarter

Overall, the commercial vehicle market recorded 3.021 registrations in March 2023, 34,6% more than in the same month of the previous year, and 7.946 units sold in the first quarter, 21,2% more than in the same period of 2022.

As for the passenger car and SUV market, it has also registered a growth of 44,5% in the first quarter of 2023, with a total of 237.563 units sold. In March, 99.524 units were sold, 66,1% more than in the same month of the previous year. This growth is mainly due to the improvement in the production logistics chain and the release of a large number of accumulated orders, mainly for the rental channel and companies.

In summary, the commercial vehicle market is set to see a rebound in March 2023, with truck registrations up 30% and buses seeing an impressive 70,7% growth. The largest growth has been in heavy commercial vehicles weighing more than 16 tonnes. Bus and coach sales have also seen a 66,7% increase in the first quarter.