How does the world look from the perspective of a heavy duty truck maker?
Jorma Halonen: If you look at the global economy, it looks like Europe is rather stable, the GDP growth for 2007 is probably between 2.5% and 3%, U.S. is perhaps a little bit of a question mark, but let s say it’s up 3%, plus or minus something, probably a little less. In Asia we have Japan, which should also grow between 2% and 3%. So you could say Europe, U.S. and Japan are all about the same, 2.5% or something like that. Then we have these two big countries that are growing fast, like India, which is growing 7% or 8%, and China, roughly 10%. Even if they try to cool down the Chinese economy, it’s still going very very fast there. I’m very much in Asia nowadays, about two weeks per month, and we’re following of course the Chinese economy pretty close, and it’s amazing how fast they are going. The biggest thing they are doing is constructing the infrastructure, the road network. By 2010 they will have probably 40,000 to 45,000 miles of four-lane or five-lane highways. It’s only the U.
