No power train without Miba technology

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in China and successful initiatives such as the cash for clunkers program in Germany.
Meanwhile, China has surpassed the USA as the world’s largest automotive sales market.
The truck market was also hit by a sharp decline in sales in the 2009-2010 business year.
Fewer goods were transported, and uncertain prospects affected the investment decisions
of carriers. According to ACEA figures, only 165,000 trucks, just over half as many as in
2008, were sold in Europe. The European market for busses, however, shrank by just over
20 percent.
The global shipping market, like the truck market, was affected by falling demand for
transport capacity. Beyond that, investments were postponed or cancelled entirely due to
the lack of availability of credit. In 2009, 1,000 orders were cancelled worldwide, almost
twice as many as in 2008. About 2,500 ships left the production line – 31 percent more
than in the previous year, but nonetheless 29 percent less than the total expected as of
the beginning of the year. New orders in 2009 totaled 71 million gross tons, a 60 percent
decline from 2008.
While worldwide sales of agricultural machinery dropped sharply, sales in China and
Brazil increased. A high level of governmental financial support for the acquisition of
agricultural machines was a crucial factor in this counter-trend.
Wind energy remains an area of strong growth. The upward trend of the past few years
continued unabated. According to the Global Wind Energy Council, wind energy capacity
grew by 31 percent in 2009, bringing global capacity to 157,899 megawatts.