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* Canada - Trucks slowing on green strategy
Toronto, ONT,CAN -The Australian (Sydney,Australia), by Bernard Simon -April 13, 2007: -- North American truck-makers have encountered a steeper slide in orders than expected, as a weakening US economy compounds an anticipated slump that followed the introduction of tighter exhaust-emission regulations... According to ACT Research, orders for Class 8 heavy trucks were 72 per cent lower in the January-March quarter than for the same period a year earlier... A UBS survey of 122 truck operators in the US and Canada concludes that business conditions are the weakest since the survey began two years ago. For the first time, more truckers reported year-on-year declines in freight rates than increases... Truckers said they were finding it especially difficult to fill their vehicles on return trips... The weakening dollar meant that "US manufacturers have about a 40 per cent price advantage over their European counterparts", compared with 5 per cent six years ago, Mr Vieth said. Sales in Mexico and Australia have been bolstered by the prospect of new clean-air regulations there...
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