Truck Sales Jump 20% in Europe

Deliveries of commercial vehicles across Europe climbed to 230,800 units last month from 191,700 in March 2014, industry group ACEA reports. Monthly gains were the strongest since December 2013.

Sales of medium- and heavy-duty trucks in March grew 20% to 31,400 vehicles. Demand for light-duty trucks expanded to 195,400 units from 162,500 in 2014. Medium- and heavy-duty bus sales soared 32% to 4,000 units.

Europe's five largest truck markets all reported double-digit gains last month. The increases were led by the U.K. (+26% to 68,500 units) and Spain (+68% to 17,700). Volumes rose in France (+11% to 41,200 units), Germany (+13% to 31,200) and Italy (+10% to 12,600).