Slowdown In Used Truck Sales For Indian Used Truck Traders 01/01/2008

Despite signs that UK used truck traders are in for a new year that is to be as equally as successful as 2007, there is arguably a slow down in used truck sales for Indian used truck traders. This is despite the emergence of international major truck manufacturers, such as Daimler and Nissan in India. As a result of oversupply of new and used trucks, used truck sales may slump in 2008. Rising interest rates, as well as the arguably slack enforcement of a ban of overloading of vehicles in some areas of India may have also contributed to less prolific used truck sales for used truck traders.


Improvements in road infrastructure have led to less vehicle replacement, again potentially damaging the business of used truck traders, whose purchases and sales of used trucks may be restricted by this detail. Additionally, successful improvement of other means of transport in India, such as the railway system may lead to Indian transporters suffering to these alternative modes. Because of this, there is potentially less demand for used trucks, thus leading to a possible decrease in the business of used truck traders.



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