Key Market Indicators
Austrian commercial vehicle registrations are projected to reach approximately 981,400 units by 2028, a slight increase from the current 981,100 units in 2023. This represents a stagnant growth rate of roughly 0% year on year. However, since 2010, the Austrian market has seen a significant increase of 79.3% annually. In 2023, Austria was ranked 9th in commercial vehicle registrations, with Belgium surpassing it at the same 981,100-unit mark. Canada, Mexico, and Argentina secured the 2nd, 3rd, and 4th positions, respectively, in this ranking. On another front, diesel truck sales in Austria are expected to decline to $466.6 million by 2028 from $477.8 million in 2023, marking a yearly decrease of approximately 0.3%. Despite this, demand has seen a marginal annual increase of 0.1%. France, Italy, and Germany occupied the 2nd, 3rd, and 4th spots, respectively, in the diesel truck sales rankings.
