Europe's heavy truck market has grown considerably faster than forecast just 4-months ago
Despite an ominous slight slowing in the UK’s April growth rate, West Europe’s overall heavy truck sales performance this April and in the first four months of the year remained positively robust, pointing to the prospect of brighter skies on the horizon.
This April, West European demand for heavy trucks - made up mainly of articulated trucks and to a lesser extent rigids in the 16t GVW and over category - topped last year’s same month level by a scorching 20.4 per cent.
Sales grew, comfortably outpacing an already fast-gaining car market for yet another month, bringing the sales gain at the one-third stage to 16.7 per cent.
Resulting in yet another big shot of optimism for the region’s heavy truck industry, coming in the wake of double-digit sales growth in five out of the past six months, this year’s market remains on course for some 240,000 sales, which has been the annualised sales rate during a lively first third.
Latest truck sales trends support industry hopes that West Europe’s heavy truck market, echoing the underlying upward direction from the region’s passenger car market, appears to be bouncing back much sooner and more vigorously than earlier expected, paving the way for a faster than feared return to pre-crisis sales
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