Despite an overall drop in truck sales, Mack Trucks closed 2000 with a bigger piece of the market share pie for the eighth year in a row.
Mack sold 28,210 Class 8 units in the United States, for 13.3 percent of the heavy truck market. This was an increase from 13.1 percent in 1999, making Mack the only U.S. Class 8 truck manufacturer to consistently increase its market share over the last eight years, according to the company.
The U.S. truck market experienced a sharp sales decline in 2000, with total retail volume decreasing nearly 20 percent, to 211,507 vehicles.
"Despite an extremely challenging market, Mack continued to steadily grow its share, and to strengthen its position as the industry's number three brand," said President and CEO Michel Gigou.
Mack's market share in Canada was up, as well, increasing almost a full percentage point to 10.2, up from 9.3 percent in 1999. Mack's Australian subsidiary captured a 14.3 percent share of the Australian heavy-duty truck market. This compared to an 11.9 percent share in 1999, and was due in part to an aggressive retail development program supported by the opening of two new branches and a new Mack dealership.
Mack Increases U.S. Market Share for Eighth Straight Year
Despite an overall drop in truck sales, Mack Trucks closed 2000 with a bigger piece of the market share pie for the eighth year in a row
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