Saturday, February 24, 2024

The future of motoring: more than 200,000 commercial vehicle registrations by 2024

The future of motoring: more than 200,000 commercial vehicle registrations by 2024 | RATE 2025

Recovery in the industrial and commercial vehicle sectors. Forecasts for 2024 plan to exceed 200,000 new registrations, or 12.5%. How is it progressing in the motor world? “2023 is a year of market recovery, after the collateral damage of geopolitical crises,” said Miryam Torrecilla, Head of Marketing and Communications at MAN Trucks & Buses. “The worst of truck, passenger car, and commercial supplies has passed,” but the geopolitical future awaits. Therefore, Francisco Javier Martínez Guisasola, Director of TRUCKind, a publication specializing in industrial vehicles, explains that another conflict that disrupts the sector is the Red Sea crisis that affects the logistics supply of raw materials in Asia, “but I don’t think that “it will have the same effect as the pandemic.”

The industrial vehicle sector in Spain should cover around 20,000 jobs. Freight transport in Spain has more than 100,000 companies, which creates a lot of competition and little profit. For second-hand buses, people are paying up to 60% more because of the lack of a new car after the pandemic. Discretionary and long-haul transportation continue to not recover after the
pandemic

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