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The North American Council for Fuel Efficiency’s 2019 Annual Fleet Fuel Study found that the 21 participating fleets have saved almost $900 million in combined fuel costs since 2017. But there's a “significant” performance gap between them and typical fleet performance.
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Citing a brutal October and November, ACT Research warns that 2020 will be much tougher for both medium- and heavy-duty truck sales.
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From what happened this year to what is projected to happen next year sales-wise, the heavy-duty truck market will be set up for a “modest rebound in 2021 followed by growth into 2023,” according to Act Research.
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Class 8 truck orders hit a high point for 2019 in October; however, in what is traditionally a great month for truck orders, that performance marked the weakest level since 2016, according to preliminary reports.
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Hyundai offered a sneak-peek at a futuristic, hydrogen-powered Class 8 tractor at the North American Commercial Vehicle Show and confirmed it is considering entering the North American Class 8 market with the vehicle.
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Projecting to end 2019 with near-record Class 8 market share and record-setting medium-duty market share, Peterbilt is looking to the strength of the vocational market for 2020 to help it continue that success, while adding new uptime-related initiatives and planning to have electric trucks in production by the end of next year.
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This year’s event includes displays and announcements from all of the major OEM truck makers and also features, for the first time, educational sessions.
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Same dealer sales volumes of used Class 8 trucks fell in September after briefly rebounding in August, according to the latest report from ACT Research.
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Electric truck manufacturer Orange EV announced its second facility expansion in four years, moving ot a site with more than five times the production capacity.
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The North American Commercial Vehicle Show is embarking on the second installment of the every-other-year business-to-business trucking industry expo. This year’s event is expected to be bigger and more insight filled than than the last, organizers tell HDT.
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