In many manufacturing industries, there is often the presence of inertia. What's the impact of this?
Amidst the continuing decline seen in total registrations in the commercial vehicle segment, October registrations in the heavy vehicles (above 16T) segment saw an uptrend, reporting a 18% YoY increase, landing at 23,592K.
Once again, September’s result was primarily driven by growth in the Central European countries. A solid triple-digit YoY percentage gain was seen in both Croatia and Lithuania, reporting 173.5% and 154.2%, respectively.