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TRUCKS' MARKETS * Europe - West betters East in 2008 European truck market
Frankfurt,Germany -Reuters, by Christiaan Hetzner & Dan Lalor -Jan 23, 2009: -- The European heavy truck market came out of 2008 with no more than a bloody nose as demand for big rigs outperformed that for passenger cars in the economic downturn, turning the usual industry logic on its head... New registrations of trucks weighing at least 16 tonnes edged some 2.2 percent lower to 313,765 units last year due to a 15 percent drop in new EU member states after western Europe managed to record a slight increase, industry data published by Brussels-based ACEA showed on Friday... This divergence highlighted a contrasting geographical trend in the truck market, where countries like Britain or the Netherlands posted nearly 20 percent growth rates compared to double-digit declines in Poland and Romania... Even in the final month of last year, western Europe easily bettered its eastern neighbours after Italy saw registrations of heavy trucks rise 9.1 percent and Britain recorded a gain of almost 13 percent... In Poland the market shrank by 63 percent last month...
Labels: trucks markets worldwide
posted by Unknown @ 1:04 PM
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