Christer Johansson, senior vice president, investor relations at the Volvo Group at the NACV Show in Atlanta last month, confirmed what other industry experts were saying about the Class 8 truck market in 2020, that the market to ‘normalise’ at 240,000/250,000 units, down by around 100,000 units from what is expected to be the second highest Class8 truck market ever in 2019 of 340,000 units.
“The market bought in nine months what was sold throughout 2018,” said Luiz Carlos de Moraes, president of ANFAVEA, the National Association of Automotive Vehicle Manufacturers based in São Paulo.
Claiming that almost all buses in Astana, Kazakhstan’s capital, already have Voith transmissions, Anton Khapugin, Voith regional sales director said at Busworld Central Asia in Almaty at the end of June the potential for sales growth in the region for its DIWA transmissions was huge.
Scania do Brasil Ltda has said it is forecasting continued market growth across all industrial areas in which it participates (trucks, buses, services and industrial, marine and power generation engines) in 2019.