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TRUCK SALES * Europa - In Feb stabilise, down 3.1 pct
Stockholm,Sweden -Reuters, by Niklas Pollard & Johannes Hellstrom -March 26, 2010: -- European commercial vehicle sales fell 3.1 percent in February, industry association ACEA said on Friday, as the hard hit truck market stabilised but showed little evidence of an upswing... Truckmakers such as Germany's Daimler and MAN SE , Sweden's Volvo and Scania and Fiat's Iveco were hit by the steepest market decline in decades after the global financial crisis struck in late 2008... Demand has stabilised in recent months, but lingering tight credit to fund purchases of new vehicles and reduced demand for transporting goods has meant there is little sign of a return to the booming truck sales seen before the crisis... ACEA said in a statement new heavy-duty truck registrations fell 32 percent year-on-year in Europe, which includes the European Union member states plus the EFTA nations but excludes Cyprus and Malta, while new light vehicles rose 1.8 percent... (Picture from stralis.iveco)
Labels: statistics, truck sales
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