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Truck Demand To Sustain For Up To Two Years, Says Volvo Eicher CEO
"The economic activity is picking up and overdue replacements mean that the commercial vehicle industry is in a sweet spot."
24 Sep 2021, 08:49 AM IST
Demand for medium and heavy trucks is back above the pre-pandemic levels for the first time, aided by an economic recovery. But will it last? There are reasons to suggest the recovery should sustain over the next one to two years, Vinod Aggarwal, managing director and chief executive officer at Volvo Eicher Commercial Vehicles Ltd., said in an interview with BloombergQuint's Niraj Shah.The cycle is as its lowest after dropping for th...
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