Auto Finance Sponsored by Auto Finance News EU commercial vehicle market gains momentum in Q1 2026 Published: 29th April 2026 Share The European commercial vehicle market posted a solid start to 2026, with registrations rising across all major segments, according to new data from the European Automobile Manufacturers’ Association. Overall growth was led by strong performances in trucks and buses, while the van segment recorded more modest gains. Despite increasing adoption of electric vehicles, industry leaders say the pace of transition remains slower than needed. New van registrations in the EU rose by 2.3% in the first quarter, reflecting mixed performance across key markets. Spain led growth with a 13% increase, followed by France at 3.7%. However, Germany and Italy saw declines of 9% and 1.7%, respectively. Truck registrations showed stronger momentum, climbing 10.7% year over year to 81,766 units. This was largely driven by a 12.6% surge in heavy-truck sales, while medium-truck registrations edged up by 0.7%. Poland and Spain posted particularly strong gains at 32.8% and 17.1%, respectively, while Germany also recorded growth. France, however, saw a slight decline of 1.4%. The bus segment emerged as the standout performer, with registrations jumping 24.5% to 10,964 units. Germany led major markets with a 34.7% increase, followed by Italy (+23.7%) and France (+22%). Poland recorded a particularly sharp rise of 62.6%, while Spain was the only major market to see a decline. Electrification continued to gain ground across all vehicle categories, though uptake remains constrained by infrastructure and policy challenges. In the van segment, diesel maintained its dominance despite a slight decline of 0.8%, accounting for 80% of registrations. Electrically chargeable vans saw significant growth of 42%, increasing their market share to 12% from 8.7% a year earlier. Hybrid vans also rose by 42.1%, though they represent a smaller share of the market. Diesel trucks remained overwhelmingly dominant, making up 92.4% of new registrations and growing 11% year over year. Electrically chargeable trucks expanded by 40.1%, reaching a 4.4% market share. France and Germany led this growth, while the Netherlands saw a slight contraction. The bus segment saw continued progress in electrification, with electrically chargeable bus registrations rising 36% and capturing 21.8% of the market. Italy recorded particularly strong growth in this category. Diesel buses also increased by 24.8%, maintaining a 65.7% share, while hybrid-electric buses declined by 10.6%. While the commercial vehicle market is showing resilience and early signs of recovery, particularly in trucks and buses, industry stakeholders continue to highlight the need for stronger enabling conditions to accelerate the shift toward zero-emission vehicles. With demand improving but structural challenges remaining, the pace of growth and electrification in the months ahead will likely depend on economic conditions, infrastructure investment, and regulatory support across the EU. Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories NewsElectric car surge pushes Europe to 21% market share in March NewsGlobal auto industry shifts east as growth returns in 2025, OICA says NewsCA Auto Bank and Geely partner to drive French market entry Auto Finance