Continued growth in the East European Trailer market
The East European market will grow by over 6 per cent in 2016 and by almost 5 per cent in 2017, according to a Clear International analysis. But there have been considerable changes. The figure for 2016 is considerably lower than was anticipated at the beginning of the year and the difference is mostly attributable to developments in Turkey. Political instability had already undermined business confidence in early 2016 and then in mid-year there was an attempted military coup. This has had a dire and worsening effect on business investment resulting in 10,000 trailers being wiped from the forecast.