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Auto Finance Sponsored by Auto Finance News New EU van sales increased by 8.3% in 2024 Published: 29th January 2025 Share In 2024, new EU van sales increased by 8.3%, reaching 1,586,688 units, according to the European Automobile Manufacturers’ Association (ACEA), driven by positive results in all four key markets. Spain led with a remarkable 13.7% rise, followed by Germany at 8.4%, France at 1.1%, and Italy at 0.9%. In contrast, new EU truck registrations declined by 6.3% in 2024, totalling 327,896 units. This reduction was primarily driven by an 8.5% drop in heavy-truck sales, partially mitigated by a 5.6% increase in medium-truck registrations. Among the four major markets, Germany (-6.9%), France (-2.9%), and Italy (-0.7%) experienced declines, while Spain recorded a notable 12% increase. New EU bus sales rose by 9.2% in 2024 compared to 2023, totalling 35,579 units. Italy recorded a noteworthy double-digit 26.7% growth, Spain saw a 10.3% increase, and France grew by 2.2%. On the other hand, Germany experienced a 2% decline. Vans. Diesel remained the preferred choice for new EU van buyers in 2024, with registrations rising by 10.5% to 1,340,003 units. This growth increased its market share by 1.7 percentage points, reaching 84.5%. Petrol models saw an increase of 3%, stabilising at a 6% market share. Electrically chargeable vans experienced a significant decline of 9.1%, reducing their market share to 6.1% from 7.2% the previous year. Hybrid-electric van sales also fell by 4.8%, accounting for just 2% of the market. Trucks. Diesel trucks continued to dominate in 2024, accounting for 95.1% of new EU registrations, despite a 6.2% decline. Electrically chargeable truck registrations fell by 4.6%, with their market share remaining stable at 2.3% as compared to last year. Results for electrically chargeable models varied across countries: Germany (+57.4%), Italy (+115.2%), and Sweden (+59.6%) experienced strong growth, but these gains were insufficient to offset significant declines in France (-57.4%) and the Netherlands (-42.3%). Buses. New EU electrically chargeable bus registrations rose by 26.8% in 2024, with the market share increasing from 15.9% to 18.5%. Italy became the largest market by volume, with an impressive growth of 161.7%, while Spain increased by 17.5%, becoming the fourth-largest market for this power type. The German market also showed resilience, growing by 4.9%, whereas the French market declined by 11.4%. Hybrid-electric bus sales fell by 16.1%, making up a 9.8% share. Diesel bus registrations grew by 11.1%, increasing their market share to 63.1%, up 1 percentage point compared to 2023. Lisa Laverick Editor - Finance Connect Sign up to our newsletter Featured Stories NewsDisclosure uncertainty clouds September’s sales success NewsEurope’s auto industry in fight for survival NewsElement expands Waymo partnership ahead of Canadian launch Auto Finance