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Apr 13, 2005

SALES - USA - Truck sector suffers slump in orders

UK -Financial Times,by Bernard Simon -April 5 2005: -- The booming north American truck market hit the brakes unexpectedly hard last month, reinforcing recent evidence that high fuel costs and transport congestion might be taking a toll on broader economic activity... ACT Research reported that, based on preliminary data, orders for heavy-duty trucks in the US, Canada and Mexico tumbled to 25,100 vehicles in March, a quarter lower than a year earlier and the first year-on-year decline since May... http://news.ft.com/cms/s/0c58c1d6-a618-11d9-b67b-00000e2511c8.html

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