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New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.
But, the report identifies clear opportunities, especially in light of infrastructure-related stimulus investment, to get this right. Without such a vision, and the transformational investments that go with it, GHG emissions from freight transportation will continue to increase and the NAFTA countries will risk losing their competitive edge.
In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5%
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