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Commercial vehicle business continues

  12.02.2008    

The German commercial vehicle manufacturers are still showing a positive trend at the beginning of the year of the 62nd IAA Commercial Vehicles, according to VDA. Despite the slight slowing down of the economy as a whole, production and sales of commercial vehicles have once again increased. Domestic business remains very buoyant. New registrations totaled 26,500 commercial vehicles, which was 4 per cent more than the already high level of the previous year. The segment up to 6 t grew by 2 per cent, and in the sector over 6 t sales rose by a whole 10 per cent.
Total domestic orders in January exceeded the high volume seen last year by 3 per cent. Orders for vans equaled the 2006 figure. The manufacturers’ incoming orders for commercial vehicles over 6 t showed further growth of 10 per cent. Orders from abroad for vehicles up to 6 t climbed by 2 per cent, while foreign orders for vehicles over 6 t were 15 per cent down on the previous year’s exceptionally high value.
In January the German manufacturers supplied over 26,000 commercial vehicles to destinations abroad, 12 per cent more than they did one year ago. Exports in the segment up to 6 t rose by more than a quarter, to the highest export volume ever seen in January. Exports of heavy commercial vehicles decreased by 11 per cent owing to lost production.
In January the German manufacturers produced 16 per cent more vans. Production of commercial vehicles over 6 t missed the previous year’s result by 20 per cent — due to delivery shortages concerning supply. Owing to the shortfall in production capacity, the number of orders for heavy commercial vehicles rose by 53 per cent to the record level of 52,400 units while orders for light vehicle sector reached 58,800 units (+15 per cent). Given the extremely high number of orders, good production capacity utilization can be expected for commercial vehicles well into the year 2008.



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