A " low cost" commercial truck that could be as much as 25 percent less than what you're paying now
Las Vegas,NEV,USA -Today's Trucking -18 Jan 2011: -- Coming to a dealer near you: A " low cost" commercial truck that could be as much as 25 percent less than what you're paying now... That truck-- more than likely sporting an Asian nameplate, but virtually integrated by several multinational suppliers – is going to be a reality in North America; and sooner than you'd think, say Sandeep Kar and Ryan Carmichael of Frost Sullivan... The pair of Torontonians were in Las Vegas for Heavy Duty Dialogue 2011 on Monday to tell truckmakers and suppliers about the new level of competition (as well as opportunity) that they face in just a few short years... In a new study based in part on interviews with over 100 key OEM and supplier executives from all over the world, Kar and Carmichael map out the short-term future of the global commercial vehicles market; and specifically how the winds of "low cost" movements in emerging markets are blowing to the U.S. and Canada... The pair of analysts liken the current tectonic shifts felt in the truck manufacturing industry to what the automotive market experienced in the late '70s and '80s when foreign manufacturers entering the North American market took a foothold, and eventually rivaled and surpassed domestic OEMs in marketshare... (Photo from cristyli: China Concept trucks at Shanghai 2010)
Report: December truck orders surge 115% over year before. Net orders of heavy-duty Class 8 trucks topping 25,000 units
Columbus,IND,USA -Fleet Owner -Jan 5, 2011: ... According to ACT Research Co. (ACT), its latest study shows net orders stand at 25,5000 units for last month—and that total amounts to a whopping 115% increase over the net orders recorded for December of the year before... ACT noted that preliminary net order numbers are subject to revision and are typically accurate to within 5% +/-... “The industry closed 2010 with a string of three strong months of net orders,” said Kenny Vieth, ACT president & senior analyst. “With nearly 71,000 orders booked, the fourth quarter was the best quarter for Class 8 vehicles since the second quarter of 2006..." (Photo from goldenglass: truck fleet)
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