GCC commercial vehicle sales up by steady 4 percent
The GCC commercial vehicle sector could be gradually recovering, if figures from the first three months of 2011 are anything to go by.
According to global motor trade data specialists, Auto Strategies International, the first three months of 2011 has seen a total of 11,924 commercial vehicles sold in the GCC.
This is up slightly on the same period last year which saw 11,433 units sold – an increase of 4 per cent.
Though the figures are still well down on 2008, when 116,997 trucks and buses were sold in the GCC, indications are that an industry hit hard by the economic recession in 2009, is again gathering momentum.
The total number of GCC sales for trucks and buses over 4000 kilogram gross vehicle weight in 2010 stood at 58,025 units, an increase of 50 per cent from 2009 (38,590).