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European transport equipment market forecast to set new sales record for 07

Published Tuesday, January 01, 2008

In the seven largest West European markets for heavy truck trailers, 2007 demand is forecast to be 17.4% higher at 173,000 trailers and semitrailers. Order books are full for the first part of 2008. Although sales in 2008 and 2009 are forecast to exceed the previous record year, which was 2006, they are on a downward trend. The principal factor in the growth is the economic cycle, which sees low growth in the first half of each decade and high growth in the second half. However, in this decade it seems the market has peaked rather early. One ...

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