Europe writes off 2012 for CV sales

With only one month to go it looks like both commercial vehicle (CV) buyers and sellers have given up as November sales fell 18.5% to their lowest level since November 2009 and every major market saw double digit falls with Germany down 13.6%, UK -16.1%, France -20.7%, Spain -25.1% and coming in last was Italy down 27.5%. Meanwhile buses and coaches continued to outperform the rest of the automotive industry thanks to strong demand in France (+38.9%) and Germany (+13.1%) although some of this may be delayed deliveries from the very weak October. http://www.acea.be/index.php/news/news_detail/commercial_vehicle_registrations_- 11.4_over_11_months_-18.5_in_november