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Mar 28, 2008

TRADING USED TRUCKS * Russia - Importers drive bargains with used US trucks

Moscow,Russia -The Financial Times (London,England,UK), by Bernard Simon -March 28 2008: -- Many of the giant trucks now hauling car parts, groceries and building materials across Russia were - until a few months ago - trundling along interstate highways in Texas and Ohio... A glut of trucks in the US and the sliding dollar have encouraged a boom in exports of class 8 rigs, the biggest vehicles on the road, vividly underscoring the contrast between the faltering US economy and fast-growing emerging markets... Russia and Mexico are the biggest buyers. Hundreds of used American trucks are also on the road in Nigeria, Vietnam and South Korea...

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