Daimler sees truck sales outpacing passenger cars by 2020

Newswire

BERLIN, June 27 (Reuters) - Global truck sales may outpace registrations of new passenger cars by the end of the decade, as demand from emerging markets offsets falling deliveries in Europe, German automaker Daimler's trucks chief said. Truck sales may expand 50 percent by 2020, compared with 40 percent growth in passenger cars in that period, Wolfgang Bernhard, head of Daimler's truck and bus operations, said at a conference on Thursday. "These are growth rates ...

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