TRUCKS MARKETS * Europe - Truckmakers Surprised by Sharp Drop in Orders
London,UK -Bloomberg, by Tom Biesheuvel -Sept. 26, 2008 -- European truckmakers have been surprised by the sharp decline in western European orders during recent weeks, the Financial Times reported, citing Continental AG executive board member Hans-Joachim Nikolin... Scania AB Chief Executive Officer Leif Oestling said any forecast he made now he would likely regret in a few months, according to the FT... The "financial meltdown'' will certainly affect the trucks market, Oestling said, according to the FT. "When too much sand percolates into the gear box, the whole system is affected,'' he told the newspaper...
Labels: trucks markets worldwide
0 Comments:
Post a Comment
<< Home