Polk Forecast Looks At Commercial Vehicle Market
September 2008, TruckingInfo.com - Feature
R.L. Polk & Co.'s new Forecast of Commercial Vehicle Activity for North America provides insight into the class 3-8 commercial vehicle market through 2012.
According to the forecast, the commercial vehicle market for Class 3-8 vehicles is expected to grow to 723,000 by 2012.
The forecast methodology contains a forecast for New Registrations, scrappage rates and total Vehicles In Operation through the 2012 Calendar Year.
This new offering is based on Polk's fact-based predictive modeling, an in-depth analysis of the vehicle population and the companies understanding of the relationship between economic activity and New Commercial Vehicle Registrations. This understanding, knowledge and expertise of the New Commercial Vehicle Market provides Polk the ability to develop this comprehensive Commercial offering. The forecast also correlates closely with Polk's Index of commercial activity, updated quarterly in the Commercial Vehicle Market Intelligence Report, which tracks where each vehicle class is trending for the current Calendar Year.