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TRUCK MARKETS * Europe - European truck-sales drop accelerated on Eastern Europe and Spain in April 2009
Riga,Letonia -The Baltic Course, by Alla Petrova -27 May 2009: -- European heavy-truck sales dropped at an accelerating rate in April 2009, led by Spain, Italy and eastern European countries, as the worldwide recession reduced demand from freight transporters and construction companies... Sales in Eastern European countries dropped 68% to 1,595 trucks as Poland's market, the largest in that region, shrank by 68%, reports Bloomberg/LETA... Delivery declines exceeded 80% in Bulgaria and Romania... Estonia, the smallest eastern European heavy-truck market in April 2008, contracted by 91% and Latvia, the second-smallest, plunged 93%... Deliveries of trucks weighing more than 16 metric tons declined 47% to 15,117 vehicles from 28,510 a year earlier, the Brussels-based European Automobile Manufacturers Association said in a statement today. Four-month sales fell 43% to 64,017 trucks. That compares with delivery drops of 44% in March and 42% in the first quarter... (Daimler's photo) Labels: trucks markets
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