Germany Commercial Vehicle Industry Outlook 2022 - 2026

Key Market Indicators

Germany is set to see a decrease in commercial vehicle registration, production, and diesel truck sales in the near future. By 2026, commercial vehicle registration is projected to drop 21% from 2021, to 35,160 units. This represents a 45.7% decrease from 2010. Iraq overtook Germany in 2021, coming in at number 53. Mexico, Argentina, and Australia respectively ranked 2nd, 3rd, and 4th. In 2021, commercial vehicle production in Germany fell 6.4% from 2020 to 212,530 units. South Korea came in ahead of Germany at number 15, while China, Mexico, and Canada respectively ranked 2nd, 3rd, and 4th. Diesel truck sales are projected to decrease by 2.7% year-on-year CAGR, reaching $2.12 billion in 2026. This is a 5.3% decrease from 2020. France, Italy, and Australia respectively ranked 2nd, 3rd, and 4th.

Germany Commercial Vehicle Market Data and Forecasts

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