User-agent: Mediapartners-Google* Disallow: Trucks World News: TRUCKS MARKETS * Europe
Google
 
Loading

Mar 23, 2012

TRUCKS MARKETS * Europe

* W Europe: Market sees longest downturn in 40 years

London,EN,UK -AutomotiveWorld -March 16, 2012: -- In 2011, the western European vehicle market dropped by 0.7% to 14.56 million cars, trucks and buses, marking the fourth consecutive year of decline, and the longest downturn experienced in this market for at least 40 years... Recent data from AutomotiveWorld.com show that the light vehicle (LV) market fell by 1% to 14.25 million units. The fall was wholly attributable to six of the 18 markets: Italy, Spain, Portugal, France, UK and Greece... For 2012, further declines in most LV markets are expected, due to the considerably weaker economic outlook for western Europe in 2012, with high and rising unemployment and austerity programmes in many countries... In the heavy commercial vehicle (HCV) sector, the recovery in West European demand which began in 2010 gained substantial momentum in 2011 with a 20% rise in overall HCV demand to 314,300 vehicles. The increase was broadly based, with Greece and Portugal being the only two markets to register declines. The heavy truck (16t-plus) sector enjoyed particularly robust growth, with sales rising 31%. For 2012, however, the outlook is more subdued...

Labels:

posted by Unknown @ 3:20 PM 

0 Comments:

Post a Comment

<< Home