INTERVIEW-UPDATE 1-Credit crunch hurts truck demand - Iveco

Newswire

*CEO sees 5-10 percent drop in W.Europe truck market in 2009 *Will decide in 12-18 months how to enter N.American market *Targets 15-20 percent volume sales growth in Latin America (Adds CEO comments, details) By Christiaan Hetzner HANOVER, Germany, Sept 23 (Reuters) - Fiat's truck business Iveco expects a 5-10 percent drop next year in the western European market where it makers 80 percent of its sales, as a liquidity shortage pushes consumers to delay purchases. "The real issue ...

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