German industry leads the West European trailer market recovery

4th August 2011 | 0 Comments
 

The German trailer industry is undergoing a very rapid revival in its fortunes, according to consulting group Clear. Output of trailers has been boosted by three key demand growth factors, says the firm’s latest report on the subject.

Firstly, the German market itself has recovered from the nadir of 2009 in splendid style: sales of trailers will exceed the combined demand of France, the UK and Italy in 2011 as it did in 2010. Secondly, exports of trailers from Germany increased by 90 per cent in 2010 as markets in both East and West Europe, with a very few exceptions, started to recover. Thirdly, stocks of finished trailers which had accumulated as the recession bit, had been large cleaned out, leaving the industry in a very lean condition. This meant that all new orders went straight into increased production.

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Category: International News, News, Product News

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