Automotive markets
I
The European market is likely to be of the magnitude o
Slight contraction is expected in the US market for cars and light trucks. The anticipated market level remains solid, however. The Chinese car market should stabilize after the significant decline i
In the EU30 region (European Union, United Kingdom, Switzerland and Norway) i
For major truck sales markets, we expect generally rather unfavorable conditions i
In the NAFTA region, we assume that the market for heavy-duty trucks (class 8) will contract significantly compared with the very high level of demand i
In a still weak overall economic environment in the EU30 region, we expect demand for heavy-duty trucks to decrease significantly compared with the robust prior-year level. In Brazil, sales of heavy trucks are only likely to remain close to the level o
In Japan, we anticipate a significant decrease in demand for heavy-duty trucks.
We expect the market volume for buses in both the EU30 region and Brazil to be slightly below the level o