The commercial vehicle market will remain stable at the start of 2026, according to MSI Market Intelligence.
The vehicle registration market has begun 2026 with uneven performance across segments, according to data from MSI Market Intelligence corresponding to the month of January. industrial vehicle It maintains a positive and stable evolution, while the bus segment It registers a significant correction after the strong volumes reached at the end of 2025.
The commercial vehicle maintains a positive tone
The most relevant data for the sector of commercial vehicle and its after-sales service It is the growth in truck registrations, which in In January 2026 they reached 2.702 units, which is a increase of 5,5% Respect to the same month of previously year.
Although January is in a intermediate zone Following the peak recorded in October 2025, the volume confirms a path of stability which reinforces market continuity at the start of the fiscal year.
On brand rankingLeadership is very closely divided:
- Volvo: 465 units
- Mercedes-Benz: 439 units
- Scania: 418 units
- Iveco: 406 units
- Renault Trucks: 401 units
This data reflects a market competitive and balanced, with a very even distribution among the main manufacturers.
The bus company starts the year with a significant correction.
El bus segment It shows a clearly weaker start to the year. In January, enrollments reached 309 units, which represents a 18,3% drop compared to January 2025. This decline contrasts with the peaks recorded in some months of the previous yearespecially in September.
By brand, the leadership belongs to Mercedes-Benz with 110 registrations, followed by Volkswagen (33), IVECO (30), MAN (23) y Scania (19).
As for the engines, diesel It remains the majority, although the The electric sector maintains its presence, reflecting a progressive transition towards decarbonization in passenger transport.
Commercial vehicles continue to show stability.
The market Commercial Vehicles 2026 also starts on a positive note, with 13.140 registrations, an 4,6% more that in January 2025.
El business channel It concentrates the majority of operations, with more than 9.300 units, far exceeding private individuals and RAC. By type, the following stand out:
- tourism derivatives37% of the total
- Commercial vehicles of 3,5 tons: 22%
- Commercial vehicles from 2 to 2,7 tons: 13%
- Pickup: 9%
Cars and motorcycles complete the market context
Outside of the strictly industrial sphere, the passenger cars and 4x4s They closed January with 73.107 registrations, which is a moderate growth of 1,1%. The gasoline Motorization remains the dominant form (44,7%), followed by hybrid (34,2%), while the electric It has already reached 8,9 %consolidating a slow but steady evolution.
El motorcycle market It stands out for its dynamism, with 15.825 units or with a 15,5% growth, led by brands like Honda and Yamaha. In contrast, the moped It continues its downward trend, with a drop of 11 %, reflecting the change in urban mobility habits.
A start to the year marked by continuity in the commercial vehicle sector
The data from January confirms that the The industrial vehicle maintains a solid foundation.This is key for the transport and after-sales sectors, while other segments are adjusting volumes after a particularly intense 2025. This scenario points to... stability and prudence at the start of 2026.
Source After SalesVI and data from MSI
