Green shoots visible.

Byline: Ray Karshagen

INDUSTRY COMMENT Green shoots visible , management board member of MAN Truck & Bus SA, examines the bus market SALES of buses reported by Naamsa for July 2009 show that production is steaming ahead as manufacturers start delivering on government tenders to meet the transport demands of foreign visitors in 2010. The bus sector was once again the star performer in a commercial vehicle market still bogged down by economic uncertainty and slowed growth, especially in the mining, and commercial and residential construction sectors. Infrastructure development, large-scale civils projects and certain niche vertical markets continue to maintain a weak base …