|
WESTERN
EUROPE |
 Why all is not as grim as it looks so far – some truck industry visionaries expect 4th quarter pre-buying for cheaper Euro 5 trucks, potentially leading to a year of two halves May’s West European truck sales showed the continuation of what has been a progressive slowing in the rate of decline since the late spring. Sales early this year continued to fall sharply, dropping by between 14.8 and 20.4 per cent between January and March, but starting this April, the rate of decline started to slow markedly, thus pointing to considerably brighter skies on the immediate horizon. These underlying trends were also echoed in Volvo’s latest truck delivery figures. Volvo, with its regular updates on the delivery progress of its trucks, does not provide such data for individual countries, but does so for various regions, and in so doing provides a useful tell-tale indicator as to the market’s underlying state of health. Its latest figures show a 7.6 per cent drop in its May truck deliveries in Western Europe MORE LIKE THIS: First flicker of hope for Europe’s trucks 04 Jun 2013 European truck market slips back 04 Apr 2013 Volvo’s Dongfeng truck JV, Trojan horse, a springboard or a curse? 04 Feb 2013 DATA
AVAILABLE TO SUBSCRIBERS WITH THIS ARTICLE: |
|
|
To continue reading this article, please register for a free sample without obligation... Please note that eagleAID.com is a subscriber-only site, and as such it can only be viewed by subscribers to the newsletter. |