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WESTERN EUROPE
First flicker of hope for Europe’s trucks
First flicker of hope for Europe’s hard-struck truck industry
Published: Tue, 04 June 2013 19:36:32 GMT
 

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April’s truck sales turnout, the first and only single-digit dive so far this year, provides the first hint for more than a year that the very worst of the deeply entrenched truck sales famine may finally be over. Better still, despite the progressive sales deterioration seen of late, echoed by an accelerating rate of decline for five successive quarters, the truck industry believes that a hard landing will be averted at the eleventh hour

That at least is the upbeat view of some senior truck industry insiders who told AID that an otherwise certain hard landing will be averted thanks to an “extensive pre-buying binge for cheaper Euro 5 trucks this autumn”, sparked by the obligatory need to purchase from January next year pricier Euro 6 trucks.

Europe’s car manufacturers, their supplier and importers no less, may be suffering as West Europe’s deeply recessionary car market is this year heading for the lowest annual sales for close on three decades. 

But spare a thought for the region’s truck makers. 

Their predicament has worsened since the start of last year.

The rate of decline in sales has now progressively deteriorated for five successive quarters in a row
...more


MORE LIKE THIS:


European truck market slips back  04 Apr 2013


Volvo’s Dongfeng truck JV, Trojan horse, a springboard or a curse?  04 Feb 2013


New Heavyweight Champ - Volvo Dongfeng  04 Feb 2013



DATA AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE:

EUROPEAN new TRUCK sales:
West European new TRUCK sales > 3.5T GVW by country APRIL 2013 v APRIL 2012
West European new TRUCK sales > 3.5T GVW by country 4-MTHS '13 v 4-MTHS '12


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