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Jun 28, 2012

TRUCK MARKETS * WORLDWIDE

* European truck sales to fall 2-4 pct in 2012 

(Photo: A line of trucks blocks a road in Turin, Italy)
Berlin,Germany -Reuters, by Andreas Cremer and Dan Lalor -Jun 22, 2012: -- Western European sales of trucks weighing 6 tonnes or more may drop 2-4 percent this year to as many as 256,000 vehicles, the president of German automakers' lobby group VDA said...   The expected contraction will be minor as the crisis-ridden countries of Greece, Italy, Portugal and Spain account for only 15 percent of the region's sales volume...  European Union sales of heavy trucks weighing 16 tonnes or more declined 7 percent in April to 18,930 vehicles with Italy and Greece plunging 41 percent and 52 percent respectively, according to the European Automobile Manufacturers' Association...  Year-to-date sales in the 27-nation European Union fell 4.2 percent, ACEA said. The global market for trucks above 6 tons may grow 5 percent this year to 3.27 million vehicles, powered by the United States which may expand about a fifth to 366,000 vehicles... Chinese truck sales may ease 3 percent in 2012, though keep growing over the medium-term...

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