With record sales for 1999 and seven straight years of market share growth, Mack Trucks is "as strong as it's been in our 100-year history," says president and ceo Michel Gigou.
The Allentown, PA, based manufacturer contributed $204 million to the 1999 operating profits of parent Renault V.I./Mack Group, up from $105 million in 1998. Sales for the year were a record $3.8 billion, up from $2.77 billion in 1998. Mack's 1999 Class 8 U.S. retail sales totaled 34,264, up 28% from 1998. It ended the year with a 13.1% share of the heavy truck market, up from 12.8% in 1998.
Mack Canada's sales were 2,858 units, down slightly from 1998. It's market share slipped from 10% to 9.3%.
The company's major overseas subsidiary, Mack Trucks Australia Pty. Ltd., increased sales by 6% to 746 units. It's market share rose from 11.8% to 12.1%, buoyed by the introduction of five new trucks models during the year.
Mack's total vehicle production was 39,028, up 18.7% from 1998.
The Allentown, PA, based manufacturer contributed $204 million to the 1999 operating profits of parent Renault V.I./Mack Group, up from $105 million in 1998. Sales for the year were a record $3.8 billion, up from $2.77 billion in 1998. Mack's 1999 Class 8 U.S. retail sales totaled 34,264, up 28% from 1998. It ended the year with a 13.1% share of the heavy truck market, up from 12.8% in 1998.
Mack Canada's sales were 2,858 units, down slightly from 1998. It's market share slipped from 10% to 9.3%.
The company's major overseas subsidiary, Mack Trucks Australia Pty. Ltd., increased sales by 6% to 746 units. It's market share rose from 11.8% to 12.1%, buoyed by the introduction of five new trucks models during the year.
Mack's total vehicle production was 39,028, up 18.7% from 1998.
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