European commercial vehicle manufacturers have called upon EU
governments and institutions to support the ailing CV sector by
investing more in infrastructure, restoring access to financing and
stimulating fleet renewal.
Speaking at the International Transport Forum in Leipzig, the
chairman of the European Automoblile Manufacturers’ Association
(ACEA) Leif Östling said that EU governments should act in a
“coordinated way” to prevent the failing of CV businesses.
In order to support the transport sector, Östling said that
infrastructural and construction projects planned for the future
had to be launched earlier.
He added that governments should jointly address the issue of
the lack of credit of transport companies.
“We have many customers that could show a valid business case
for investing in new vehicles but are unable to finance these
investments due to the overall lack of credit facilities,” he
ACEA members also said that the recession would lead to an aging
vehicle fleet with negative environmental consequences.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
“This increases the need to make the overall transportation
system more efficient and, for example, enlarge cargo capacity by
allowing longer vehicle combinations on European roads” Östling