2007 U.S. Truck Sales to Decline, Volvo Says

September 20, 2006 11:30 AM, EDT

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ruck maker Volvo AB said it expects truck sales in the United States to decline in 2007, Bloomberg reported Wednesday.

While Volvo expects the U.S. drop to herald flatter global demand for heavy vehicles, Europe’s second-largest truck maker told attendees of the International Automobile Association’s Commercial Vehicles conference in Hanover, Germany, that it anticipates a record year for European truck sales in 2007, Bloomberg said.

European carriers are currently buying vehicles ahead of new European Union emissions cuts, which will go into effect in October, Bloomberg reported.