Last week a new medium duty truck was allocated to Nissan's Avila Plant in central Spain.

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Its main business is Guangxi Yuchai Machinery Company, which is one of the largest medium-duty diesel engine manufacturers in China.

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The company says there are 33 million light- and medium-duty trucks on the road, and converting them to plug-in hybrid results in an 80 to 200 percent fuel economy improvement.

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Unlike the light-duty vehicle market, most medium- and heavy-duty truck purchasers operate on slim profit margins where fuel costs are a major factor in their economic survival.

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While GM and Toyota expect sales to be relatively flat this year, at 17 million units (including medium and heavy duty trucks), Ghosn is worried that economic headwinds will lead to a substantial slowdown.

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In addition to medium and heavy-duty trucks and buses which are clearly used by businesses, commercial vehicle numbers in China include sales of light trucks and mini trucks and buses, many of which are used by individuals and small businesses.

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Its engine segment (49% of net sales in 2010) produces a wide range of engines that run on diesel and natural gas used in heavy-, medium- and light-duty trucks, buses, automobiles, RVs, and industrial vehicles.

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Chancellor of the Exchequer George Osborne (essentially head of the treasury and czar of all things financial) explained that the decision to abolish the stamp duty tax was meant to benefit small and medium sized businesses.

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Recently, Chancellor of the Exchequer George Osborne submitted a budget doing away with Stamp Duty taxes on alternative investment market shares, a victory for small to medium sized business.

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