Post Tagged with: "truck market"

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DAF Trucks increased its market share in the EU in 2012

DAF Trucks increased its market share in the EU in 2012

DAF Trucks has strengthened its position on the European truck market last year, reaching a record market share of 16 percent in the heavy segment (16 tons+). This makes DAF the second largest heavy truck brand in the EU, behind Mercedes-Benz. Moreover, DAF is leading the market in the heavy […]

Volvo Sees European Truck Market Recovering

Volvo Sees European Truck Market Recovering

Volvo expects the European and US commercial-vehicle markets to recover in 2013 as the global economic growth rebounds. Chief Executive Officer Olof Persson said that Volvo plans to introduce this year new Renault Truck models, building on the introduction of Volvo’s FH lineup in 2012, as the industry shows signs […]

Volvo Second-Quarter profit down, Orders Fall On North America

Volvo Second-Quarter profit down, Orders Fall On North America

Volvo AB, the world’s second-largest truck maker, said second-quarter vehicle orders suffered a deeper-than-expected fall hit by slumping demand in North America and Europe. After riding high on a strong recovery through 2010 and most of 2011, truck builders are braced for tougher challenges from the euro zone’s sovereign debt […]

MAN CEO says no signs of truck demand recovery

MAN CEO says no signs of truck demand recovery

Man SE CEO Hakan Samuelsson told the Financial Times the truck industry needs to “wait for real signs of improvement” and pre-crisis levels of demand for trucks won’t return before 2010. “We are seeing a levelling out at a low level and its difficult to see that it will get […]

Europe heavy-truck deliveries fall 57% in August

Europe heavy-truck deliveries fall 57% in August

European heavy-truck sales fell 57 percent last month, as the global recession ravaged the region’s main markets, eroding demand from freight transporters and construction companies. Manufacturers sold 8,947 trucks weighing at least 16 metric tons in August, compared with 20,849 a year earlier, the Brussels-based European Automobile Manufacturers Association said […]