Major LCV Competitors in the EMEA Region

by Nov 22, 2022

In 2021, light commercial vehicles (LCV) remained competitive in the EMEA Region (Europe, the Middle East and Africa). Stellantis maintained its spot at the top, with a market share of 22%, followed by the Mercedes-Benz Group and Ford Motor Company, with 18% and 17% respectively. Although Renault and Volkswagen had lesser shares than the above mentioned companies, they still had a healthy contribution of 13% and 12% market share, respectively. Companies other than these five giants contributed 18% collectively.

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