According to a new report from S&P Global Mobility, the Western European truck market is set to see one of its biggest contractions in 2025, with new vehicle registrations expected to fall by 4.2% to 290,000 units. Key factors include tightening EU regulations, weak economic growth and political instability in countries such as Germany and France.
S&P analysts also warn of the impact of external factors: low real GDP growth, geopolitical tensions, crises at the EU’s external borders and potential barriers to investment related to US tariffs. All of this creates a highly volatile environment for manufacturers and carriers.
Additional pressure on the industry comes from new climate and technical requirements: updated CO₂ emission standards and the Euro 7 standard, which will be mandatory from 2028 for new models and from 2029 for all new registrations, will come into force in the coming years.