European Feb truck registrations fall 3.1 pct-ACEA

Newswire

STOCKHOLM, March 26 (Reuters) - European commercial vehicle sales fell 3.1 percent in February, industry association ACEA said on Friday, as the hard hit market stabilised but showed little evidence of an upswing. Truckmakers such as Germany's Daimler and MAN SE , Sweden's Volvo and Scania , and Fiat's Iveco were hit by the steepest market decline in decades after the global financial crisis struck in late 2008. Demand has stabilised in recent months, but lingering tight credit to fund ...

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