Automotive Industry
Industry: Email Alert RSS FeedWeb shopping boom helps LCV sales; Internet companies use car-derived vans to make deliveries.(News)(Light Commercial Vehicles)
Automotive News Europe, May, 2004 by Weernink, Wim Oude
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Byline: Wim Oude Weernink
Expanding consumer use of the Internet is expected to improve sales of light commercial vehicles over the next five years, auto executives say.
Companies that make home deliveries of goods ordered over the Web are boosting sales of car-derived vans (CDVs), the smaller end of the light commercial vehicle segment.
Courier companies such as Federal Express prefer CDVs for their compactness and low operating costs.
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The trend - coupled with an expected economic recovery in western Europe - will increase annual sales of CDVs to 824,000 by 2009, ...
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