The market is recovering

“There is absolutely no question that the market is recovering.”  So said Ray Ashworth, UK managing director for Daf Trucks, at a recent press function.  “The low point was last March, but since then we’ve seen the market grow from half its former size.”  He says rental and contract hire businesses are behind much of the recent demand and the surge in registrations, mostly for tractor units.  Used truck prices are also rising on the back of shortage of stock.  Importantly, Ashworth is confident that these are all “precursors of a stable market.”
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