European truck sales up 1.5% in June

Paris, France: Commercial vehicle sales in the European Union rose 1.5% in June as a recovery in the highly cyclical segment slowed from previous months.  Truck sales, still up 13.5% in the first half of the year, are seen as an economic bellwether.

In total 165,767 new commercial vehicles were registered in June across the region as rises in the UK and Germany were offset by drops in Spain and France, the European Automobile Manufacturers’ Association said today in a statement.

The 1.5% rise in June commercial vehicle sales compared with a 25.1% year-on-year increase in May and a 9.5% increase in April. Sales of vans up to 3.5 tonnes fell 1.3% in June. Sales of trucks over 16-tonnes rose 36.9% year-on-year, with growth in all major markets. Sales of trucks over 3.5 tonnes rose 21.3% the association said.

Truck and heavy equipment maker Fiat Industrial on Monday raised its 2011 targets after beating second-quarter profit forecasts, helped by record margins for agricultural equipment and a recovery in European truck markets. Last week Volvo, the world’s second-largest truck maker after Daimler, said Chinese measures to slow inflation would hit the booming market as it presented an otherwise upbeat quarterly report. Rival Scania on Thursday posted higher sales volumes but offset by higher costs that reduced margins.

WORLD NEWS

Daimler Trucks goes electric

Stuttgart, Germany: Daimler Trucks plans a range of electric trucks for urban distribution and long-haul transport and has launched a concept vehicle to demonstrate the …

READ THE FULL STORY >

Krone boosts telematics services

Werlte, Germany: Trailer maker Krone and Shippeo, which makes automated tracking systems, have partnered to provide real-time estimated time of arrival (ETA) for Krone’s trailer …

READ THE FULL STORY >

European Cold Chain Conference set for Rotterdam in November

Rotterdam, Netherlands: The 23rd GCCA European Cold Chain Conference is scheduled for 23 – 25 November 2020 at the Hilton Rotterdam. The conference for temperature controlled professionals will see …

READ THE FULL STORY >

Polish pharma firm opens new warehouse

Głogów. Poland: Polish pharmaceutical company Arra Group has opened a new temperature-controlled warehouse in Poland near Poznań. The company says the warehouse is in a …

READ THE FULL STORY >

WHAT’S ON

Latest Tweets

Cold Chain News September digest with 2020 Cold Chain Leaders tables plus @ColdChainShane on meeting the Brexit challenge: bit.ly/2ZMDikC pic.twitter.com/6lGBUeotLL

© 2020 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ