Since the beginning of August, China has been charging six percent VAT on freight costs. This applies to land, air and see freight, as well as local services. eurotransport.de reports that the measure is part of a national pilot programme for VAT reform. According to the Deutscher Speditions- und Logistikverband (German Freight and Logistics Association …
Continue reading “Exports to China: VAT makes freight more expensive”
While forecasts on the German used commercial vehicle market remain cautiously optimistic (see TruckScout24 as a barometer of the economic situation), sellers of new lorries throughout Europe will have to tighten their belts: the European commercial vehicle market shrank again in June. 149,996 lorries were registered, 4.8 percent fewer than in the corresponding period of …
Continue reading “Market for new commercial vehicles in crisis”
Eastern Europe is developing ever more quickly into the most important driver of the transport and commercial vehicle industry in Europe. According to Werner Renz, Managing Director of ADAC TruckService, this is also evident in the number of lorry breakdowns. “In the next five years, we expect an increase in the annual number of breakdowns …
The market for used commercial vehicles is continuing to climb rapidly. According to the Federal Motor Transport Authority (Kraftfahrt-Bundesamts (KBA) ), 25,538 lorries were transferred to new owners last July. That was a year-on-year increase of 5.6 percent. The number of motor tractors that changed hands also increased: the statistics show 10,611 vehicles transferred, which …
