China was the leading market for new heavy-duty truck registrations in 2020, offsetting falling truck registrations in most other markets between 2019 and 2020. In 2020, China's market increased by just under 40 percent year-on-year, but is expected to see a slump in new registrations between 2020 and 2021. While the Japanese market is anticipated to continue its contraction throughout 2021, other markets such as Europe and North America markets are all expected to see registrations rise in 2021.
New heavy-duty truck registrations in selected markets between 2019 and 2021 (in units)
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Volvo. (February 3, 2021). New heavy-duty truck registrations in selected markets between 2019 and 2021 (in units) [Graph]. In Statista. Retrieved April 16, 2021, from https://www.statista.com/statistics/1201361/new-truck-registrations-by-market/
Volvo. "New heavy-duty truck registrations in selected markets between 2019 and 2021 (in units)." Chart. February 3, 2021. Statista. Accessed April 16, 2021. https://www.statista.com/statistics/1201361/new-truck-registrations-by-market/
Volvo. (2021). New heavy-duty truck registrations in selected markets between 2019 and 2021 (in units). Statista. Statista Inc.. Accessed: April 16, 2021. https://www.statista.com/statistics/1201361/new-truck-registrations-by-market/
Volvo. "New Heavy-duty Truck Registrations in Selected Markets between 2019 and 2021 (in Units)." Statista, Statista Inc., 3 Feb 2021, https://www.statista.com/statistics/1201361/new-truck-registrations-by-market/
Volvo, New heavy-duty truck registrations in selected markets between 2019 and 2021 (in units) Statista, https://www.statista.com/statistics/1201361/new-truck-registrations-by-market/ (last visited April 16, 2021)