HGV sales down 13 percent

Alan Heath
28-12-2001, 00:00

By the end of November, 5,422 lorries with a weight over six tons had been sold. This represents a fall of 13.3 percent over the same period of 2000. This shows that sales picked up towards the end of the year. The reason for the fall in HGV sales is quite clear. The slow down in the economy has been met by a crisis in the transport and logistics sector which is in no mood for new purchases and added costs.

Furthermore a new law which will govern the industry clearly worries many. One condition is that companies must get an operating licence to transport goods which could eliminate many small companies from the market. A further cause for alarm for the sector is slow paying clients, the number of which is ever growing.

There was a drop of 11.1 percent in the sale of vehicles over 16 tons when compared to the first eleven months of 2000. Volvo was able to increase its hold at the top, selling 743 vehicles which shows growth of more than nine percent. Scania, which not so long ago was the market leader, witnessed a drop of 36.3 percent to 457 vehicles.

The greatest loss of sales is in the sector between ten and 16 tons.

Star, for example, sold more than forty percent less vehicles than in 2000.

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